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Nelcast recommends a final dividend of 40%

23 May 2012 Evaluate
Nelcast has informed that the Board of Directors of the Company at its meeting held on May 23, 2012, recommended a final dividend of 40% i.e. Rs. 0.80 per share of Rs. 2 paid up for the financial year 2011-12 subject to the approval of shareholders and the conduct of Annual General Meeting on July 30, 2012.
 
The above information is part of company’s filing submitted to the BSE.

Peers
Company Name CMP
AIA Engineering 3990.35
Alicon Castalloy 737.30
Nelcast 109.35
PTC Industries 21862.60
Synergy Green Inds. 650.00
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