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Board of Onward Technologies does not recommend interim dividend

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At meeting held on 30 July 2015

Onward Technologies announced that the Board of Directors of the Company at its meeting held on 30 July 2015, inter alia, had discussed the following;

- The last financial year has been distinctively better than the previous year. The First quarter also has been encouraging. However, the Board in its wisdom and out of abundant caution decided not to proceed with the proposal to declare an interim dividend.

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First Published: Jul 31 2015 | 9:29 AM IST

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