Don’t miss the latest developments in business and finance.

Board of Finolex Cables recommends dividend

Image
Capital Market
Last Updated : May 09 2014 | 12:05 AM IST

Of Rs 1.60 per share

Finolex Cables announced that the Board of Directors of the Company at its meeting held on 08 May 2014, inter alia, has considered and approved the following:

Recommendation of dividend @ 80% (Rs 1.60 per equity share of Rs 2 each fully paid up) for the financial year ended 31 March 2014.

The captive solar power plant of 5MW capacity was commissioned in March 2014. The plant was constructed at a cost of Rs 38.5 crore.

Powered by Capital Market - Live News

More From This Section

First Published: May 08 2014 | 3:37 PM IST

Next Story