Board of Sakthi Finance recommends dividend

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Capital Market
Last Updated : May 29 2014 | 12:30 AM IST

Of Re 1 per equity share & Rs 10 per preference share

Sakthi Finance announced that the Board of Directors of the Company at its meeting held on 28 May 2014, inter alia, has considered and approved the following items:

1. Recommended a dividend of Re 1 per share (10% on the face value of Rs 10 each) on Equity Shares subject to the approval of members at the ensuing Annual General Meeting of the company.

2. Confirmed the payment of Interim Dividend of Rs 10 per share (10%) on 10% Redeemable Cumulative Preference Shares (unlisted) of Rs 100 each as final dividend.

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First Published: May 28 2014 | 7:43 PM IST

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