Vimal Oil & Foods Board to recommend dividend

Vimal Oil & Foods Ltd has announced that a meeting of the Board of Directors of the Company will be held on August 17, 2007, inter alia, to consider the following business:

1. To approve the Annual Accounts for the financial year 2006-07.

2. To convene 15th Annual General Meeting of the Company.

3. To recommend Dividend.

4. To fix Book Closure date.

5. To approve Draft of the Notice convening the Annual General Meeting, Report of the Board of Directors, Annual Corporate Governance Report, Management Discussion & Analysis Report.

The stock was trading at Rs.33.50, up by Rs.1.40 or 4.36%. The stock hit an intraday high of Rs.33.50 and low of Rs.33.45. The total traded quantity was 300 compared to 2 week average of 11055.

Source : Equity Bulls

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