a. Announcement of dividend:
The Board of Directors have recommended a final dividend of 0.25 per share subject to approval of shareholders at the Annual General Meeting.
b. Mode of payment and date of payment:
Final dividend shall be remitted through Electronic Clearing Service (ECS) at approved locations, in cases where ECS details are available with the Company and in all other cases, through warrants payable at par. These warrants shall be valid for a period of 30 days. On expiry of the validity period of the said warrants, the same may be sent to the Company’s Registered Office at the following address for revalidation:
Knowledge Centre, Plot No. 58, Street No. 17, M.I.D.C., Andheri (E), Mumbai - 400 093. The said dividend, if approved will be paid within the statutory period of 30 days from the date of transfer to dividend account.