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Gloster board recommends a special dividend
Date: 28-05-2012Gloster has informed that the Board of Directors of the Company at its meeting held on May 26, 2012, has recommended a dividend of 100% i.e. Rs. 10 per equity share for the year ended March 31, 2012, and a special dividend - '20 years of Gloster's Operations' of 100% i.e. Rs. 10 per share, making a total dividend of 200% i.e. Rs. 20 per equity share. The payment is subject to approval of shareholders in the ensuing Annual General Meeting.
The above information is part of company’s filing submitted to the BSE.