Pidilite Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 19, 2011, inter alia, have recommended payment of Dividend of Rs. 1.75 per Equity Share of Re. 1/- each (previous year Rs. 1.50 per Equity Share of Re. 1/- each, which included Re. 0.50 per Equity Share as "Golden Jubilee Special Dividend") amounting to Rs. 886 million (previous year Rs. 759 million) on 50,61,34,612 Equity Shares (previous year 50,61,34,612 Equity Shares). The dividend will be free of tax in the hands of the shareholders.
Subject to the approval of the shareholders at the Annual General Meeting to be held on July 26, 2011, the above dividend will be paid to the shareholders within a period of 30 days from the said date.Read More
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Thursday, May 19, 2011
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