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Board of Morarjee Textiles recommends dividend

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Capital Market

Of Rs 2.45 per equity share

Morarjee Textiles announced that the Board of Directors of the Company at its meeting held on 23 May 2014, inter alia, transacted the following:

- Besides dividend on preference shares, the Board of Directors have also recommended dividend of Rs 2.45 per share on Equity shares of Rs 7 each (35%).

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First Published: May 24 2014 | 11:02 AM IST

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