ICI India recommends Rs.7 dividend, Rs.20 special dividend

The Board of Directors of the Company at its meeting held on May 16, 2007, inter alia, has recommended a dividend of Rs 7.00 per share (previous year - Rs 6.00 per share) for the year 2006-07.

In addition, considering the unusually high exceptional income this year, the Board has recommended an additional one off special dividend of Rs 20.00 per share.

The total recommended dividend of Rs 27.00 per share will be payable after the approval of the shareholders at the Annual General Meeting scheduled to be held on July 19, 2007.

Source : Equity Bulls

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