| ||Board recommends Final Dividend | 5/30/2012 9:13:26 AM|| |
| ||PI Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 29, 2012, inter-alia, decided the following matters:|
1. Subject to shareholders approval:
(a) recommended payment of final dividend of 0.01% to Compulsorily Convertible Preference Shares (CCPS) on pro-rata basis for the financial year 2011-12.
(b) recommended payment of final dividend of Rs. 3/- per share (60%) to the equity shareholders for the financial year 2011-12.