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TIDE WATER OIL (INDIA) LTD. - Board recommends Dividend
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30 May 2015
Tide Water Oil (India) Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2015, has resolved the following:&lt;BR&gt;&lt;BR&gt;1. Recommended final dividend of 2500% (Rs. 250/share) on the ordinary shares of the Company for the year ended 2015 subject to the approval of the shareholders in the ensuing 92nd Annual General Meeting absorbing a sum of Rs. 21.78 crores. The dividend will be distributed to the eligible shareholders within 30 days of the date of its declaration i.e. within 30 days from the date of the 92nd Annual General Meeting.&lt;BR&gt;&lt;BR&gt;2. Reappointed M/s. Ray &amp; Ray, Chartered Accountants, as the Statutory Auditors for the financial year 2015-16, subject to approval of the shareholders in the ensuing Annual General Meeting.&lt;BR&gt;&lt;BR&gt;3. Approved the Code of Practices &amp; Procedures for Fair Disclosure of Unpublished Price Sensitive Information and Code of Conduct to Regulate, Monitor and Report Trading by Insiders in terms of SEBI (Prohibition of Insider Trading) Regulations, 2015. The said codes will be available in the website of the Company i.e. www.tidewaterindia.com, from June 01, 2015, interim day being a holiday.
View all announcements for TIDE WATER OIL (INDIA) LTD. Source: BSE India