Held on 25 October 2016
Granules India announced that the Board of Directors of the Company at their meeting on 25 October 2016, inter alia, has -1. Declared second interim dividend of 20 paise per share of face value of Re. 1/- each representing 20% of paid-up capital for the financial year 2016-17;
2. Approved to set up a wholly-owned subsidiary in UK and to invest up to GBP 1,00,000 in the form of equity / loan.
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