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Sunday, May 22, 2011

Rei Agro Ltd: Board recommends Final Dividend

Rei Agro Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 21, 2011, inter alia, has transacted the following:

1. Recommended a final dividend @ Rs. 0.20 per equity share (i.e. 20%) of Rs. 1/- each for the financial year ended March 31, 2011, subject to the approval of the members of the Company in ensuing Annual General Meeting. This is an addition to an interim dividend of 10% of equity share capital i.e. Rs. 0.10 per share.

2. Recommended dividend of Rs. 4/- each (i.e. 4%) on the preference shares having face value of Rs. 100 each.

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