EIL board approves dividend of Rs 3.50 per share

Tags: EIL, Companies
State-owned Engineers India Ltd today said its board has approved payment of an interim dividend of Rs 3.50 per share to its shareholders.

The Board of Directors of the company at its meeting held on March 15 "declared an interim dividend of Rs 3.50 per share (on the face value of Rs 5 each) of the company for the financial year 2013-2014," the company said in a filing to stock exchanges.

The Interim Dividend for 2013-14 on the equity shares of the company shall be payable on and from March 24, 2014.

"The Dividend warrants would be posted on or after March 24 and within 30 days from the date of declaration of dividend as provided in the Companies Act," it added.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Bureaucrats have enjoyed flying miles at taxpayer expense for too long

    The beleaguered Indian taxpayer will certainly applaud prime minister Narendra Modi’s attempt to deliver on his promise of cutting down fiscal defic

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Varun Dutt

<b>Riskfactor</b>: CHAIN REACTION

A domino effect is the cumulative effect produced when one ...

Zehra Naqvi

Rememberance and forgetting are crucial

Memories are so vital to our lives that they can ...

Dharmendra Khandal

Sandalwood may get extinct if not protected

When we talk of sandalwood, the most common usage that ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture