Nile Ltd Board to consider Dividend on Mar 8, 2017

A resolution will be circulated to all the Directors of Nile Ltd on 8th March, 2017 to pass by circulation for declaration of interim dividend for the financial year 2016-17.

In this connection, 24th March, 2017 is proposed to be fixed as the record date for the payment of interim dividend, if any, declared by the Directors.

Further, in compliance with the Company's 'Code of Conduct for Prevention of Insider Trading' formed under the SEBI (Prohibition of Insider Trading) Regulations, 2015, the Trading Window will remain close from Today 3rd March to 17th March, 2017 (both days inclusive) for Directors, and Designated employees, and their dependents and family members, in connection with the declaration of interim dividend for the financial year 2016-17.

The Company has fixed March 24, 2017 as the Record Date for the purpose of payment of Interim Dividend, if declared.

Shares of NILE LTD. was last trading in BSE at Rs.669 as compared to the previous close of Rs. 618.25. The total number of shares traded during the day was 48834 in over 1011 trades.

The stock hit an intraday high of Rs. 670 and intraday low of 610.25. The net turnover during the day was Rs. 31514221.

Source : Equity Bulls

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