Of Rs 6.50 per share
Sundaram Clayton announced that the Board of Directors of the Company at its meeting held on 14 May 2014, inter alia, has declared a third interim dividend of Rs 6.50 per share (130%) for the year ended 31 March 2014. The dividend will be paid to the shareholders on or after 24 May 2014.The board earlier declared:
a) first interim dividend of Rs 9 per share (180%); and
b) second interim dividend of Rs 3.75 per share (75%)
for the year 2013-14 and the same were paid on 09 November 2013 and 28 March 2014, respectively.
The total dividend, including the third interim dividend for the year ended 31 March 2014, will aggregate to Rs 19.25 per share (385%) on 2,02,32,085 equity shares of Rs 5 each. The directors do not recommend any further dividend for the year 2013-14.
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