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Outcome of board meeting of JSW Steel

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Capital Market
Last Updated : May 15 2015 | 6:02 PM IST

Held on 15 May 2015

JSW Steel announced that the Board of Directors of the Company at its meeting held on 15 May 2015, inter alia, has transacted the following -

- Recommendation of Dividend :

1. Dividend at the stipulated rate of Re. 1/- ( Rupee One only) per share on the 10% Cumulative Redeemable Preference Shares of Rs. 10 each of the Company has been recommended for the year ended 31 March 2015; and

2. Dividend of Rs.11/- (Rupees Eleven only) (110%) per fully paid-up Equity Share of Rs.10 each has been recommended for the year ended 31 March 2015.

The dividend, if declared by the members at the 21st Annual General Meeting (AGM) of the Company will be credited/dispatched to the members on or before 30 days from the date of Annual General Meeting.

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First Published: May 15 2015 | 4:36 PM IST

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