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Torrent Power board recommends dividend

13 May 2014 Evaluate

Torrent Power has informed that the Board of Directors of the company at its meeting held on May 12, 2014 has recommended dividend of Rs. 0.50 per equity share of Rs. 10 each on 47,24,48,308 equity shares for the financial year 2013-14. Further, the dividend, if declared by the shareholders at the 10th Annual General Meeting of the company, will be distributed on or after August 02, 2014.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
NTPC 328.35
Tata Power 362.10
Adani Power 203.40
Power Grid Corpn. 264.35
Adani Energy Solut. 1351.20
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