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Country Club India board recommends dividend
Date: 04-09-2012Country Club India has informed that the board of directors of the company at its meeting held on September 03, 2012, recommended a final dividend of 5% i.e., Rs. 0.10 each equity share of Rs.2 each fully paid-up equity share of the company for the financial year 2011-12 and has approved to raise funds by issue of GDR / ADR / QIP / ECB / FCCB upto the tune of USD 100 Million.
Further, the board recommended the members for the re-appointment of D. Krishna Kumar Raju as vice-chairman & executive director of the company for a further period of 5 Years with effect from October 01, 2012.
The above information is a part of company's filings submitted to BSE.