Kcp has informed that the board of directors of the company at its meeting held on December 07, 2012, has declared pro-rata interim dividend on 200,00,000 12% Redeemable, Cumulative, Non-convertible Preference Shares of Rs. 10 each held by Tata Capital Financial Services from April 01, 2012 to December 08, 2012.
Further, the board has approved a proposal to sell/transfer or otherwise dispose of the Biotech Unit of the Company Situated at Genome Valley, Turkapally (village), Alexandria Knowledge Park, Shameerpet, R.R. District, Andhra Pradesh and authorized the conduct of a Postal Ballot to obtain consent of shareholders for the same.
The above information is a part of company’s filings submitted to BSE.