INDIAN HOTELS CO.LTD. - 500850 - Board recommends Dividend (AGM on July 27, 2020)
Indian Hotels Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 10, 2020, 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. 0.50/- per Equity Share of Rs. 1/- each fully paid up @ 50%), subject to approval of the Members at the Annual General Meeting (AGM).Accordingly :- the dividend payable on one Equity Share of Rs. 1/- each fully paid up will amount to Rs. 0.50/- (Fifty paise Only)- the dividend payable on 100 Equity Shares of Rs. 1/- each fully paid up will amount to Rs. 50/- (Fifty- Only).The AGM of the Company is scheduled to be held on July 27, 2020. Dividend, if declared at the said AGM, will be paid on and from August 03, 2020, to the Members entitled to receive the same.10-06-2020