| ||Board recommends Dividend | 5/31/2012 8:37:03 AM|| |
| ||Rohit Ferro-Tech Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2012, inter alia, transacted the following :|
1. Recommend a dividend of Rs. 0.50 per equity share i.e. 5% on face value of Rs. 10 each for the financial year 201142, subject to approval by members in the ensuing Annual General Meeting.
2. Approved the proposa’ for amalgamation of the Impex Ferro Tech Limited, one of group companies with the Company, subject to approval of the shareholders and creditors of the respective companies, the High Court of Judicature at Calcutta, Stock Exchange and other concerned authorities.