| ||Board recommends Dividend | 5/14/2012 7:21:56 PM|| |
| ||Poddar Developers Ltd has informed BSE that the Board of Directors of the Company at is meeting held on May 14, 2012, inter alia, has considered and approved the following:|
1. Recommended Dividend @ 15% i.e. Rs. 1.50/- per Equity Share for the year ended March 31, 2012. The Payment for aforesaid Final Dividend is subjected to approval of the shareholders at the ensuing Annual General Meeting;
2. Approved re-appointment of Mr. Rohitashwa Poddar as Managing Director of the Company on fresh terms and conditions subjected to approval of shareholders at ensuing Annual General Meeting.