Business Standard

Board of Finolex Cables recommends dividend

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Capital Market

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.

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

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