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Oil India board recommends final dividend

28 May 2012 Evaluate

Oil India has informed that the board of directors of the company at its meeting held on May 28, 2012, have recommended final dividend at Rs 5 per share (i.e. 50%) (post bonus issue) to the shareholders of the company for the financial year 2011-12. Dividend is payable after the AGM subject to the approval of the shareholders.

The above information is part of company’s filing submitted to the BSE.

Peers
Company Name CMP
ONGC 232.75
Oil India 477.00
Jindal Drilling&Inds 582.80
Deep Industries 734.55
Aban Offshore 14.20
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