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Standard Chartered PLC updates on interim dividend

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Capital Market

On 20 October 2014

Standard Chartered PLC announced that in reference to the Company's 2014 Interim Dividend payable on 20 October 2014, the Company confirms that IDR holders will receive approximately INR 1.67184256 per IDR (ten IDRs represent one ordinary share). This amount was calculated using the US dollar/Indian Rupee exchange rate of 61.4648 as quoted by the Reserve Bank of India on October 08, 2014. As part of the IDR service fee (as disclosed in the IDR prospectus available on the SEBI website www.sebi.gov.in) US$0.016 per ordinary share has been deducted from the IDR dividend.

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First Published: Oct 09 2014 | 10:15 AM IST

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