Friday, January 21, 2011

Foseco India Ltd Board recommends Final Dividend

Foseco India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 20, 2011, inter alia, has recommended payment of a final dividend of Rs. 7/- per equity share of Rs. 10/- for the year 2010, which in addition to the year-to-date cumulative interim dividend of Rs. 10/- per share brings the cumulative dividend for the year to Rs. 17/- per share.

Fixes Book Closure for Final Dividend & AGM:
Foseco India Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from March 25, 2011 to April 04, 2011 (both days inclusive) for the purpose of Payment of Final Dividend & Annual General Meeting (AGM) of the Company to be held on April 21, 2011.

Further the Company has informed that, the final dividend once approved at the Annual General Meeting for the year 2010, shall be remitted to share holders by May 19, 2011.

Source: BSE Corporate Announcements