Board of Container Corporation of India approves sub-division of shares and final dividend

At meeting held on 30 April 2018

Container Corporation of India announced that the Board of Directors of the Company at its meeting held on 30 April 2018, inter alia, has declared a Final Dividend of Rs. 7.50 (75%) per equity share of face value of Rs. 10/ each, which is in addition to an interim dividend of Rs.9.60 (96%) per equity share of face value of Rs. 10/- each already paid. The dividend declared is subject to approval of the shareholders in the ensuing Annual General Meeting.

Further, the Company also informed that the Board has recommended sub-division of the one (1) equity share of Rs.10/- (Rupees Ten) each into 2 (Two) equity shares of nominal value of Rs.5/- (Rupees Five) each which is subject to the approval of shareholders and such other approvals as may be required.

 

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