Indus Fila Board recommends Rs.1.50 dividend

Indus Fila Ltd has announced that the Board of Directors of the Company at its meeting held on May 07, 2007, inter alia, has resolved the following:

1. Recommended the dividend of Re 1.50 per equity share of Rs 10/- each, subject to the approval of the shareholders of the Company.

2. The Company projects to achieve Sales in the range of Rs 410 to 421 Crores and PAT of Rs 40 to 42 Crores during the year 2007-08.

3. Recommended the appointment of M/s. Suri & Co. as Statutory Auditors for the year 2007 - 2008, subject to the approval of the shareholders of the Company.

Source : Equity Bulls

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