Board of Welspun Syntex approves dividend on preference shares

At meeting held on 14 May 2015

Welspun Syntex announced that the Board of Directors of the Company at its meeting held on 14 May 2015, inter alia, has recommended accumulated dividend on preference shares subject to the approval of banks as detailed below:

1. Type of Preference shares : 8% RCPS (Redeemable Cumulative Preference Shares)
- Rs. 306.86 Lacs

2. Type of Preference shares : 6% OCCPs
- Rs. 37.87 Lacs

- Total Rs. 344.73 Lacs

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