Prime Focus Board declares 15% interim dividend

Prime Focus Ltd has announced that the Board of Directors of the Company at its meeting held on July 30, 2007, inter alia, has approved payment of interim dividend at the rate of Rs 1.5/- per equity share (15%) on the Paid up Equity Share Capital.

Further the Company has informed that, the Board also appointed a Committee to consider further capital raising via Placement to Qualified Institutional Buyers (QIB) / issue of ADR / GDR / FCCB / ECB and / or any other Convertible instrument(s), or any other debt structure, and also preferential allotments, issue of share warrants etc subject to the approval of shareholders and other requisite approvals.

Source : Equity Bulls

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