APOLLO HOSPITALS ENTERPRISE LTD. - Board recommends Dividend & approves Rights Issue
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| 28 May 2015 | |
| Apollo Hospitals Enterprise Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 28, 2015, inter alia, has taken the following decisions:<BR><BR>1. Recommended a dividend of Rs. 5.75 per share (115% of the face value of the share) for the financial year ended March 31, 2015, on the paid up equity capital of the Company. The dividend, if declared, will be paid on or before August 25, 2015.<BR><BR>2. Approved the proposal to Issue and allot equity shares of the Company for an amount not exceeding Rs. 750 Crores to the equity shareholders of the Company on a Rights basis at such price as may be determined by the Board or a Committee thereof, In accordance with the relevant provisions of Section 62 and all other applicable provisions of the Companies Act, 2013, Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 and any other applicable law, rules, regulations, guidelines, notifications and circulars in force and applicable provisions of the Memorandum and Articles of Association of the Company and the listing agreements. | |
| View all announcements for APOLLO HOSPITALS ENTERPRISE LTD. | Source: BSE India |
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