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Simplex Projects board not to issue any dividend

31 May 2012 Evaluate

Simplex Projects has informed that the board of directors of the company at its meeting held on May 30, 2012, has not recommended any dividend for the financial year ended March 31, 2012, to conserve resources.

Further the board accepted the resignation of Raghav Das Mundhra, whole time director with effect from May 21, 2012.

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

Peers
Company Name CMP
Lodha Developers 1104.75
Prestige EstatesProj 1494.10
Dilip Buildcon 398.95
DLF 662.60
Oberoi Realty 1775.00
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