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L&T Infocity pays interim dividend to APIIC

BS Reporter  |  Chennai/ Hyderabad 

L&T Infocity Limited, a joint venture between L&T and the Andhra Pradesh Industrial Infrastructure Corporation (APIIC), on Monday paid Rs 16.63 crore towards interim dividend for the year 2012-13 to the APIIC.

The state infrastructure nodal agency holds 11 per cent equity in the JV’s IT parks project comprising Hitec (Hyderabad Information Technology and Engineering Consultancy) City, Cyber Gate Way and Cyber Pearl in Hyderabad, at Kolkata and Colombo in Sri Lanka, according to a press release.

L&T Infocity has so far paid Rs 37.36 crore to the APIIC as dividend since commencement of its operations in 1998.

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First Published: Tue, July 03 2012. 00:11 IST