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Saturday, April 30, 2011

Wendt (India) Ltd: Board recommends Dividend

Wendt (India) Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 29, 2011 has recommended a dividend of Rs. 25/- per equity share of face value of Rs. 10/- each (250%) subject to the approval of the shareholders in the Annual General Meeting, fixed by Board to be held on July 27, 2011. The dividend, if approved by the shareholders shall be paid on August 05, 2011.

Further the Company has informed that, as directed by the Company Law Board, Chennai Bench vide its interim order dated January 19, 2011, the Company will be seeking the permission of the Company Law Board, Chennai
Bench for convening the Annual General Meeting of the Company.

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