Madras Cements confirmed the first and second interim dividend of 75%, or Rs 7.50 a share, and declared a final dividend of 100%, or Rs 10 a share. The total dividend the company would be pay would be 250% (Rs 25 per equity share) for the year ended Mar. 31, 2007.
The above decision was taken by the members at the 49th Annual General Meeting (AGM) of the company held on Jul. 27, 2007
Shares of the company closed up Rs 25, or 0.76%, at Rs 3,318.95 on Bombay Stock Exchange.
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