 "Dividends deluge to keep taxman at bay")
For the first time in its history, Kolkata based RP-Sanjiv Goenka Group company, Phillips Carbon Black Limited, has declared an interim dividend that too, one of the highest in its recent history.
The company's Board, which met here on Wednesday, approved an interim dividend of Rs 6 per share which will involve a payout of Rs. 20.68 crore. However, the relevant tax to be paid is Rs.4.21 crore.
In the last fiscal year, the company had announced a final dividend of Rs. 2.50 per share.
During the first three quarters of the current Financial Year, the company's net sales amounted to Rs. 1523.78
