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Gloster board recommends a special dividend

28 May 2012 Evaluate
Gloster has informed that the Board of Directors of the Company at its meeting held on May 26, 2012, has recommended a dividend of 100% i.e. Rs. 10 per equity share for the year ended March 31, 2012, and a special dividend - '20 years of Gloster's Operations' of 100% i.e. Rs. 10 per share, making a total dividend of 200% i.e. Rs. 20 per equity share. The payment is subject to approval of shareholders in the ensuing Annual General Meeting.
 
The above information is part of company’s filing submitted to the BSE.

Peers
Company Name CMP
Welspun Living 123.85
Vardhman Textiles 545.10
Arvind 382.70
K.P.R. Mill 894.60
Page Industries 36971.45
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