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OMAXE LTD. - Board recommends Dividend
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28 May 2015
Omaxe Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 28, 2015, inter alia, has transacted the following: &lt;BR&gt;&lt;BR&gt;1. The Board of Directors recommended a dividend of Rs. 0.50 per share (5%) on equity of Rs. 10 each for the Financial Year ended March 31, 2015 for the approval of shareholders.&lt;BR&gt;&lt;BR&gt;2. The Board of Directors also recommended a dividend of 0.1% on 0.1% Non-Cumulative, Redeemable Non-Convertible Preference Shares of Rs. 10/- each for the Financial Year ended March 31, 2015 approval of the shareholders.&lt;BR&gt;&lt;BR&gt;3. Dividend is recommended from the current profits of the Company for the Financial Year.&lt;BR&gt;&lt;BR&gt;Further, the dividend shall be paid / dispatched within 30 days from the date of declaration of dividend by the shareholders of the Company to the shareholders as are entitled as of the date of book closure to be intimated separately.
View all announcements for OMAXE LTD. Source: BSE India

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