Dividend Calculation For 3010,000,000 Nos. 7.5% Non-Cumulative Non-Convertible Redeemable Preference Shares Of Rs. 10 Each
In continuation to our Letter VEDL/Sec./SE/18-19/110 dated October 10, 2018, kindly note that the dividend per preference share shall be calculated based on the below formula: (((No. of RPS *Face Value)*((Rate)/100))*No. of days)/365 Face Value: Rs. 10 each Rate: 7.5% No. of days: 210 i.e. from April 1, 2018 till October 27, 2018...15-10-2018