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Board of Tide Water Oil Co (I) declares 1st interim dividend

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Capital Market

At meeting held on 25 November 2016

Tide Water Oil Co (I) announced that the Board of Directors, at its meeting held on 25 November 2016:

1. Declared 1st Interim Dividend of 1000% (Rs. 50) per ordinary share for the year 2016-17.

2. Subject to approval of the shareholders, extended term of appointment of R.N. Ghosal, Managing Director till the close of business on 28 February 2019.

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First Published: Nov 25 2016 | 2:57 PM IST

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