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Ess Dee Aluminium Ltd Board recommends Dividend of Rs.2 for 2011-12
Edited by : AL CIRCLE
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The Board of Directors of Ess Dee Aluminium Ltd at its meeting held on May 29, 2012, have recommended a dividend of Rs. 2/- per equity share of Rs. 10/- each.
The Board approved increase in borrowing limits and creation of security on the assets of the Company.
The Board at the aforesaid meeting has, subject to the approval of the members of the Company by way of postal ballot, also agreed the proposal to increase the borrowing limits of the Company and the creation of security on the assets of the Company for an amount not exceeding Rs. 1,500 crores.
The Ess Dee Aluminium Ltd stock closed the day at Rs.139.55, down by Rs.0.85 or 0.61%. The stock hit an intraday high of Rs.143 and low of Rs.138.15.
The total traded quantity was 0.85 lakhs compared to 2 week average of 0.13 lakhs.
The Board approved increase in borrowing limits and creation of security on the assets of the Company.
The Board at the aforesaid meeting has, subject to the approval of the members of the Company by way of postal ballot, also agreed the proposal to increase the borrowing limits of the Company and the creation of security on the assets of the Company for an amount not exceeding Rs. 1,500 crores.
The Ess Dee Aluminium Ltd stock closed the day at Rs.139.55, down by Rs.0.85 or 0.61%. The stock hit an intraday high of Rs.143 and low of Rs.138.15.
The total traded quantity was 0.85 lakhs compared to 2 week average of 0.13 lakhs.
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