Vinyl Chemicals (India) board recommends dividend

Vinyl Chemicals (India) has informed that a meeting of the Board of Directors of the Company was held on May 17, 2017, out of Current Year’s profit, the Directors recommended payment of dividend of Rs 1.80 per equity share of Re 1 each (previous year Rs 1.50 per share) amounting to Rs 33,006,800 (previous year Rs 27,505,666) on 18,337,111 equity shares of Re 1 each. Subject to the approval of the shareholders at the Annual General Meeting, the above dividend will be paid to those shareholders whose names appear in the Register of Members of the Company on the date of AGM.

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