Gokul Refoils Board recommends Dividend & approves Sub-division of shares
By TMI | June 1, 2009
Gokul Refoils & Solvent Ltd has informed BSE that the Board of
Directors of the Company at its meeting held on May 30, 2009, inter
alia, has transacted and considered the following:
1. The Board
recommended the dividend of Rs 1.50 per share on face value of Rs 10
per share subject to approval of members at ensuing Annual General
Meeting.
2. The Board approved sub-division of share of face
value of Rs 10 per share into 5 Equity Shares of Rs 2 each, subject to
approval of members at ensuing Annual General Meeting.
3. The
Board reviewed status of ongoing Expansion at Haldia Plant commencing
trial production by end of June, 2009 and the Board also approved
ongoing expansion of existing Gandhidham Plant and setting up of new
castor seeds crushing plant at Gandhidham.
Topics: Corporate Actions |
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