VA Tech Wabag Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 26, 2011, inter alia, has transacted the following:
1. The Directors have recommended dividend of Rs. 10/- (Rupees Ten only) per Equity Share of Rs. 5/- each (i.e. 200%) on the paid up equity capital of the Company.
2. The Board of Directors have also approved a proposal to sub-divide each ordinary (Equity) share of face value of Rs. 5/- each fully paid up in the Equity share capital of the Company into face value of Rs. 2/- each fully paid up.
3. Appointed Mr. Rajiv Balakrishnan as the Company Secretary & Compliance Officer of the Company, effective
from June 01, 2011. Consequent to this, Mr. S. Ramasundaram will cease to be the Company Secretary & Compliance Officer of the Company, effective from May 31, 2011.
Sensex |
Thursday, May 26, 2011
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