Business Standard

Board of Nitin Spinners recommends dividend

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Capital Market

Of Re 075 per share

Nitin Spinners announced that the Board of Directors of the Company at its meeting held on 06 May 2014, inter alia, has recommended dividend @ 7.50% i.e. Re 0.75 per share for the financial year 2013-14, subject to approval of shareholders. The recommendation has been made keeping in view the requirement of funds for deployment as internal accruals in the expansion project.

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First Published: May 06 2014 | 2:53 PM IST

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