Mac Charles India board recommends dividend

Mac Charles (India) Ltd. | Hotel, Resort & Restaurants | Travel & Hospitality | BSE: 507836 | NSE: MCCHRLS-B

25 Jul 2012 Evaluate

Mac Charles India has informed that the board of directors of the company at its meeting held on July 24, 2012, has recommended a dividend of 60% i.e., Rs. 6 per share on the equity share capital of Rs.13.10 Crores divided into 1,31,01,052 equity shares of Rs.10 each, for the financial year 2011-2012.

Further, the board approved the delisting of company's equity shares from Bangalore Stock Exchange Ltd., Bangalore.

The above information is a part of company's filings submitted to BSE.

Peers

Company Name	CMP
The Indian Hotels Co	726.00
ITC Hotels	162.05
Mahindra Holi.&Resor	200.20
EIH	294.90
Chalet Hotels	880.80
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