Board recommends Dividend
BASF India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 28, 2011, inter alia, have recommended payment of dividend on the equity shares @ 80% (Rs. 8/- per share) for the financial year ended March 31, 2011. The dividend, if approved, by the Shareholders will absorb Rs. 346.3 Million (previous year Rs. 326.2 Million). The dividend distribution tax will be borne by the Company would amount to Rs. 57.5 million....28-04-2011