Of Rs 1.75 per share
Rural Electrification Corporation announced that the Board of Directors of the Company at its meeting held on 26 May 2014, inter alia, has recommended the Final Dividend of Rs 1.75 per share (on the face value of Rs 10 each) for the Financial Year 2013-14, subject to approval of the Shareholders in the ensuing Annual General Meeting (AGM).This is in addition to the Interim Dividend of Rs 7.75 per equity share already declared and paid in the month of February 2014 for the Financial Year 2013-14 thereby making total dividend for the Financial Year 2013-14 to Rs 9.50 (on the face value of Rs. 10/- each).
The Final Dividend of Rs 1.75 per share, if declared at the ensuing Annual General Meeting, would be paid to the shareholders within 30 days from the date of AGM.
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