Havells India announces Special dividend of Rs 3 per share
by Shrutee K/DNS
Mumbai, 3 Feb, 2016: Havells India Limited, a leading Fast Moving Electrical Goods (FMEG) Company and a major power distribution equipment manufacturer with pan India presence, today announced a special dividend at the rate of 300% on the face value of Equity Shares of the company i.e. Rs 3 per Equity Share of Re 1 each.
Announcing the special dividend, Mr. Anil Rai Gupta, Chairman and Managing Director, Havells India Limited said, “The board has agreed on a balancing act of rewarding shareholders and preserving resources for further growth of the company, both organically and inorganically.”
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