At meeting held on 22 May 2015
National Buildings Construction Corporation announced that the Board of Directors of the Company at its meeting held on 22 May 2015, inter alia, has considered the following:1. Recommended dividend of Rs. 5.50/- per share (i.e. @ 55%) for the Financial Year 2014-15 subject to the approval of shareholders.
2. Approved the Further Public Offer (FPO) of 10% of the post issue equity share capital for augmenting the Company's resources to fund business development plans, subject to the approval of Government of India.
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