Artefact Projects has informed that the Board of Directors of the Company at its meeting held on May 30, 2012, has recommended dividend at the rate of 7.5% for the financial year ended March 31, 2012.
Further the board after due consideration to the Profit after Tax of the Company, recommends payment of dividend of 7.5% i.e. Rs. 0.75 per equity share of Rs. 10/- each fully paid up to the shareholders. The same may be proposed at the ensuing 24th Annual General Meeting for adoption and approval. The total outgo thereof shall amount to Rs. 48.16 Lacs (including Corporate Dividend Tax of Rs. 6.72 Lacs).
The above information is part of company’s filing submitted to the BSE.
