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SMS PHARMACEUTICALS LTD. - Board recommends Dividend
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31 May 2015
SMS Pharmaceuticals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2015, inter alia, has taken the following decisions:&lt;BR&gt;&lt;BR&gt;1. Recommended dividend of Rs. 2.00 (Rupee Two Only) per equity share of Rs. 10/- each on the paid up share capital of the company for the year 2014-15.&lt;BR&gt;&lt;BR&gt;2. The Board has deliberated on the issue of Demerger and advised the Independent Committee to come back with suggestions based on the valuation reports, legal opinion etc. for consideration the further course of action.&lt;BR&gt;&lt;BR&gt;3. Approved the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information formulated pursuant to the provisions of Regulation 8 of SEBI (Prohibition of Insider Trading) Regulations, 2015.
View all announcements for SMS PHARMACEUTICALS LTD. Source: BSE India