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Board of Eveready Industries India does not recommend dividend

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Capital Market
Last Updated : Jul 02 2015 | 5:02 PM IST

On 02 July 2015

Eveready Industries India announced that consequent to the amendment to Sec 123 of the Companies Act, 2013, by the Companies (Amendment) Act, 2015, effective from 29 May 2015, the Company is unable to declare the dividend, for the year ended 31 March 2015 as recommended earlier on 11 May 2015. Accordingly, in order to be in consonance with the Amendment, the Board of Directors of the Company has revised the financial statements (limited to the extent of modification of dividend) on 02 July 2015 and do not recommend any dividend for the year ended 31 March 2015.

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First Published: Jul 02 2015 | 3:54 PM IST

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