Indian Hotels Company Ltd - 500850 - Board recommends Dividend (AGM on June 20, 2019)
Indian Hotels Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 30, 2019, inter alia, has recommended a dividend of Rs. 0.50 /- per Equity Share of Rs. 1 /- each fully paid up of the Company@ 50% (previous year Rs. 0.40/- per Equity Share of Rs. 1/- each fully paid up @ 40%), subject to approval of the Members at the Annual General Meeting (AGM).Accordingly :1. The dividend payable on one Equity Share of Rs. 1/ - each fully paid up will amount to Rs. 0.50/- (Fifty paise Only)2. The dividend payable on 100 Equity Shares of Rs. 1 / - each fully paid up will amount to Rs. 50 /- (Rupees Fifty Only).The AGM of the Company is scheduled to be held on June 20, 2019. Dividend, if declared at the said AGM, will be paid on and from June 28, 2019, to the Members entitled to receive the same.30-04-2019