MTNL Board recommends 10% final dividend

Mahanagar Telephone Nigam Ltd (MTNL) has announced that the Board of Directors of the Company at its meeting held on July 17, 2007, inter alia, has recommended for final payment of dividend @ 10% (total 40% including 30% interim dividend paid in February 2007) on the paid up equity share capital of Rs 630 crores subject to shareholders approval in the ensuing Annual General Meeting of the Company.

Source : Equity Bulls

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