Board of Premier Synthetics does not recommend dividend
At meeting held on 11 May 2015
Premier Synthetics announced that the Board of Directors of the Company at its meeting held on 11 May 2015, inter alia, has considered and approved the following:1. No Dividend recommended by the Board of Directors.
2. The Board decided to issue Preference Shares upto Rs. 9.50 crore subject to approval of shareholders .The amount raised will be utilised to redeem the existing outstanding Preference Shares.
3. The Board of Directors has authorised the Chairman of the Company to convene the 45th Annual General Meeting and to approve the notice thereof. The Company shall be sending necessary intimation Viz, the date, time and place of Annual General meeting and other related matters at appropriate time.
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