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  • 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.

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    Topics: Corporate Actions |

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