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Welspun India board recommends final dividend

25 Apr 2016 Evaluate

Welspun India has informed that the Board of Directors of the Company at its meeting held on April 25, 2016, has recommended a final dividend at the rate of 5% (i.e. Re. 0.05 per share on equity share of Re 1 each (post sub-division)) for approval of equity shares in the forthcoming Annual General Meeting. With this the total dividend for the year (subject to shareholder’s approval) will be 130% (i.e. Re 1.30 per share (post sub-division).

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

Peers
Company Name CMP
Vardhman Textiles 500.35
Welspun Living 209.75
Arvind 481.05
Raymond Lifestyle 510.95
K.P.R. Mill 1024.80
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