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CAMSON BIO TECHNOLOGIES LTD. - Board recommends Dividend
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29 May 2014
Camson Bio Technologies Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 28, 2014, inter alia, transacted the following business subject to approval of the Shareholders in the General Meeting :&lt;br/&gt;&lt;br/&gt;1. Recommended dividend of Re. 1/- per Equity Share (10%) of face value of Rs. 10/- each.&lt;br/&gt;&lt;br/&gt;2. In terms of the approval accorded by the Shareholders through Postal Ballot undertaken as per Section 192 A of the Companies Act, 1956 read with Section 293 (1) (a) vide Postal Ballot notice dated 7.11.12, the Board of Directors have decided to dispose/hive off the seeds business of the Company to a 100% Subsidiary Company.&lt;br/&gt;&lt;br/&gt;3. Allotment of 7,00,000 Equity Shares of Rs. 10/- each to Ms. Reeya Singh on conversion of warrants.&lt;br/&gt;&lt;br/&gt;4. The Company acquired two export focused agro processing Enterprises with objective of forward integration.&lt;br/&gt;&lt;br/&gt;5. The Company has launched the first ever in the world Natural Water Soluble Fertilizer.
View all announcements for CAMSON BIO TECHNOLOGIES LTD. Source: BSE India