The board of directors of the company at its meeting held on May 29, 2013, had recommended a dividend of Rs 7 per equity share of Rs 10 each for the FY 2012-13.
Accelya Kale Solutions has dipped nearly 6% or by Rs 37 at Rs 601 on BSE. The stock opened at Rs 601 and hit a low of Rs 598 so far.
The board of IT consulting and software firm had recommended a final dividend of Rs 40 per equity share for the last financial year ended March 31, 2013.
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