Fineotex Chemical Board recommends Dividend of Rs.0.50

The Board of Directors of Fineotex Chemical Ltd at its meeting held on November 24, 2012, has recommended a dividend of Re. 0.50 per share (5%) (Last Year Re. 0.50 per share (5%).

The Register of Members & Share Transfer Books of the Company will remain closed from December 24, 2012 to December 28, 2012 (both days inclusive) for the purpose of Payment of Dividend & Annual General Meeting (AGM) of the Company to be held on December 31, 2012.

The Fineotex Chemical Ltd stock was trading at Rs.46.30, up by Rs.1.65 or 3.70%. The stock hit an intraday high of Rs.49.10 and low of Rs.45.50.

The total traded quantity was 0.68 lakhs compared to 2 week average of 0.56 lakhs.

Source : Equity Bulls

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