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Thursday, May 19, 2011

Blue Star Infotech Ltd: Board recommends Dividend

Blue Star Infotech Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 19, 2011, inter alia, have approved the following :

1. The Board of Directors have proposed a dividend of Rs. 38- per Equity Share of Rs. 10 each.

2. Dividend, if approved by the members at the AGM, will be paid on or after August 05, 2011.

3. The current Authorised Capital of the Company to be increased from Rs. 11,00,00,000/- (Rupees Eleven Crores) divided into 1,10,00,000 Equity shares of Rs. 10/- each to Rs. 20,00.00,000 (Rupees Twenty crores only) divided into 2,00,00.000 Equity share Rs 10/- each.

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