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Board of La Opala RG recommends dividend & approves stock split

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Capital Market

Dividend of Rs 5 per share; stock split FV to Rs 2 per share

La Opala RG announced that the Board of Directors of the Company at its meeting held on 13 May 2014, inter alia, has discussed and recommended the following;

The payment of dividend @ 50%, i.e. Rs 5 per equity share of Rs 10 each subject to the approval of the members m the forthcoming Annual General Meeting.

Sub-division of equity share from the present face value of Rs 10 per share to Rs 2 per share subject to the approval of the members in the forthcoming Annual General Meeting.

 

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First Published: May 14 2014 | 10:13 AM IST

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