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Board of National Fittings recommends dividend

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Capital Market

Of Re 1 per equity share & preference dividend at 9%

National Fittings announced that the Board of Directors of the Company at its meeting held on 30 May 2014, inter alia, has transacted the following:

A dividend at the rate of 9% on preference share capital amounting to Rs 4500000 excluding dividend tax for the FY 2013-14 has been recommended subject to the approval of members at the ensuing Annual General Meeting.

A dividend of Re 1 per equity share Rs 10 each amounting to Rs 8320000 excluding dividend tax for the FY 2013-14 has been recommended subject to the approval of members at the ensuing Annual General Meeting.

 

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First Published: May 30 2014 | 2:04 PM IST

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