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Board of Wockhardt recommends dividend on preference shares

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Capital Market
Last Updated : May 28 2015 | 7:03 PM IST

At meeting held on 28 May 2015

Wockhardt announced that the Board of Directors of the Company at its meeting held on 28 May 2015, inter alia, has transacted the following business:

1. Preference Dividend

The Board recommended dividend @ 0.01% (Rs. 0.0005 per preference share of Rs. 5/- each) absorbing a sum of Rs. 298,557/- on 475,659,941 Non-Convertible Cumulative Redeemable Preference shares of Rs. 5/- each and 121,454,927 Optionally Convertible Cumulative Redeemable Preference Shares of Rs. 5/- each. The dividend, if declared at the Annual General Meeting, will be paid within 30 days from the date of Annual General Meeting.

2. Appointments

Narendra Singh has been appointed as a Company Secretary and Compliance Officer of the Company with effect from 28 May 2015.

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First Published: May 28 2015 | 6:06 PM IST

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