Of Rs 5 per share
Nava Bharat Ventures announced that the Board of Directors of the Company at its meeting held on 30 May 2014, inter alia, has recommended dividend on paid-up equity capital @ Rs 5 per each equity share of Rs 2 each absorbing a sum of Rs 42.16 crore apart from Corporate Dividend Tax of Rs 7.16 crore for the year 2013-14 (previous year Rs 5 per each equity share).The dividend, subject to the approval of shareholders, will be paid/dispatched to the shareholders on or after 14 August 2014.
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