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Rural Electrification Corp Ltd Recommends Final Dividend


Tuesday, 28 May 2013 07:25am EDT 

Rural Electrification Corp Ltd announced that the Board of Directors of the Company at its meeting held on May 28, 2013, inter alia, has recommended the Final Dividend of INR1.50 (Rupees One and Fifty Paisa only) per share (on the face Value of INR10 each) for the Financial Year 2012-13, subject to approval of the Shareholders in the ensuing Annual General Meeting. This is in addition to the Interim Dividend of INR6.75 per share already declared & paid in the month of February, 2013 for the Financial Year 2012-13 thereby making total dividend for the Financial Year 2012-13 to INR8.25 (on the face Value of INR10 each). The Final Dividend of INR1.50 per share, if declared at the ensuing Annual General Meeting, would be paid to the Shareholders within 30 days from the date of AGM.