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Board of ICRA recommends dividend

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Capital Market
Last Updated : May 15 2014 | 12:04 AM IST

Of Rs 23 per share

ICRA announced that the Board of Directors of the Company at its meeting held on 14 May 2014, inter alia, has transacted the following:

The Board of Directors has approved transfer of Rs 5.88 crore to the General Reserve Account.

The Board of Directors has recommended a dividend of Rs 23 per equity share of the face value of Rs 10 each for the financial year ended 31 March 2014. The dividend as recommended by the Board of Directors, if declared at the 23rd Annual General Meeting, will be paid/dividend warrants will be dispatched on 20 August 2014.

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First Published: May 14 2014 | 4:06 PM IST

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