Outcome of board meeting of Kirloskar Oil Engines

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Capital Market
Last Updated : Apr 26 2014 | 12:05 AM IST

Held on 25 April 2014

Kirloskar Oil Engines has announced that the Board of Directors of the Company at its meeting held on 25 April 2014, inter alia, has recommended final dividend of Rs 5 (250 %) per equity share of Rs 2 each for the financial year 2013-14 subject to the approval by the members at the ensuing Annual General Meeting and shall be paid through National Electronic Clearing System (NECS) or vide the Company's dividend warrant, as the case may be.

This dividend, if approved by the shareholders, shall be paid on or before 05 September 2014.

Further, in the same Board Meeting, the Board of Directors has given its approval to commence manufacturing of farm mechanization products like Power Tiller, together with requisite attachments, in the Agri business market space.

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First Published: Apr 25 2014 | 9:19 PM IST

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