At meeting held on 27 May 2015
Damodar Industries announced that the Board of Directors of the Company at its meeting held on 27 May 2015, inter alia, has transacted the following business:1. Board of Directors of the Company has recommended final dividend at the rate of 10% (i.e. Rs. 1/- per share) on equity shares of the face value of Rs. 10/- each for the financial year 2014-2015.
2. Approved the Issue of Bonus Shares to the existing Shareholders in the ratio 1:4 i.e. One new bonus shares for every four equity shares held, subject to the approval of members.
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