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SKF India board recommends dividend

23 Feb 2012 Evaluate

SKF India has informed that the board of directors of the company at its meeting held on February 23, 2012, decided to recommend to the members at the forthcoming 51st annual general meeting of the company a dividend of Rs. 7.5 per equity share for the year ended December 31, 2011 to be paid on 52,732,538 equity shares of Rs 10 each fully paid.

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

Peers
Company Name CMP
Schaeffler India 3650.85
Timken India 2881.00
SKF India 1438.45
NRB Bearings 509.00
Menon Bearings 283.35
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