KG Denim has informed that the board of directors of the company at its meeting held on June 07, 2012, has recommended an equity dividend of 7.50% (i.e. Rs. 0.75 per share) on its equity shares for the financial year 2011-12.
Further the board recommended the payment of arrears of preference dividend for the period from April 01, 2005 to March 31, 2007 at the rate of 10% amounting to Rs. 200 Lakhs to preference share holders.
The above information is a part of company's filings submitted to BSE
