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Peninsula Land Ltd Recommends Dividend; Announces Merger Plan Of Certain Subsidiary


Monday, 27 May 2013 10:34am EDT 

Peninsula Land Ltd announced that the Board of Directors of the Company at its meeting held on May 27, 2013, inter alia, has recommended dividend of INR0.50 per share on 5% Cumulative Redeemable Preference Shares of INR10.00 each. INR1.50 per share on Equity shares of INR2.00 each. Further the Company has informed that, the Board of Directors considered and approved as on May 27, 2013 also in principally Restructuring / Merger plan of certain subsidiary Company with the Company. Further it was decided to convert certain other companies into Limited Liability Partnerships. 

Company Quote

28.95
0.15 +0.52%
6:21am EDT