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R.S. Software declares interim dividend

01 Feb 2012 Evaluate

R.S. Software (India) has informed that the board of directors of the company at its meeting held on January 31, 2012, has recommended, allotment of 1550000 convertible warrants to the promoter on preferential basis pursuant to SEBI (ICDR) guidelines on preferential allotment of equity shares / warrants. The said warrants shall be convertible into Equity Share of the Company with nominal value of Rs. 10 each, at a price not less than the applicable minimum price to be calculated in accordance with SEBI (ICDR) guidelines on preferential allotment of equity shares / warrants, the said issue will be subject to shareholders' approval to be obtained through postal ballot. It has declared an interim dividend at the rate of 10% that is Re. 1 per share to the equity shareholders of the company pursuant to the provisions of companies act 1956 and other applicable laws.

The above information is part of company’s filing submitted to the BSE.  

RS Software (India) Share Price

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