Divdend of Rs 3 per share; Bonus shares ratio 1:1
Gruh Finance has announced that the Board of Directors of the Company at its meeting held on 11 April 2014, inter alia, have recommended a dividend of Rs 3 per share of face value of Rs 2 each. The dividend recommended will also be applicable for the full year in respect of equity shares issued during the year.The Board also approved the issue of bonus shares in the ratio of 1:1 (i.e. one equity share of Rs 2 each for every equity share held as on the record date to be fixed for the purpose) to the shareholders of the Company. The issue of bonus shares is subject to the approval of the shareholders of the Company.
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