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NAVA BHARAT VENTURES LTD. - Board recommends Dividend


31 May 2016
Nava Bharat Ventures Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2016, inter alia, has recommended dividend at the rate of 150% i.e. Rs. 3/- per equity share of Rs. 2/- each absorbing a sum of Rs. 25.29 crores apart from Corporate Dividend Tax of Rs. 5.15 crores for the financial year ended March 31, 2016, which shall be paid within 30 days of the AGM, subject to the approval of the shareholders of the Company.<BR><BR>The meeting of Board of Directors commenced at 9:30 A.M. and concluded at 3.15 P.M.

Source: BSE India

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