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Welspun India informs about updates on second interim dividend

11 Mar 2016 Evaluate

Welspun India has informed that the pre-stock split rate of dividend is Rs 6 per equity share having nominal value of Rs 10 and the post-stock split rate of dividend is Re. 0.60 per equity share having nominal value of Re 1. Further, the dividend shall be paid on the post-stock split face value i.e. Re 0.60 per equity share having nominal value of Re 1. In value terms, 2nd interim dividend amount is 60% of paid-up equity share capital of the Company. The Board had declared 1st interim dividend at the rate of 65% of paid equity share capital.

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

Peers
Company Name CMP
Vardhman Textiles 565.65
Welspun Living 222.90
Arvind 566.15
Raymond Lifestyle 688.20
K.P.R. Mill 1114.50
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