In a notice to the Bombay Stock Exchange (BSE), the company said that shareholder have also approved split / subdivision of equity shares.
MIRC Electronics has posted a net profit of Rs 28.73 crore for the half year ended September 30, 2003 compared to a net profit of Rs 26.79 crore in the first half year ended September 30, 2002, up 7.24 per cent.
The company`s total income (net of excise) has risen to Rs 428.76 crore in the period under review from Rs 403.9 crore in the corresponding period last year.
On Wednesday, Mirc Electronics shares ended at Rs 265.40, down 0.21 per cent from its Tuesday close.
Syndicate Bank has declared 10 per cent interim dividend for the financial year 2003-04.
In a communication to the National Stock Exchange (NSE), Syndicate Bank has received necessary approvals from government of India and Reserve Bank of India, and the interim dividend will be payable to the shareholders/beneficiary owners, whose names appear on the Register of Members as on November 18, 2003.
The Bank has further informed that the date of interim dividend warrant will be December 10, 2003. For the second quarter ended September 30, 2003, Syndicate Bank posted a net profit of Rs 114.6 crore compared to Rs 64.13 crore for the corresponding quarter of the previous fiscal, an increase of 78.69 per cent.
The bank`s total income rose from Rs 802.33 crore in the September quarter of 2002 to Rs 917.44 crore in September quarter of 2003. On Wednesday, Syndicate Bank