India Infoline Ltd has informed that the Board of Directors of the Company at its meeting held on April 26, 2008, inter alia, has considered and approved the following:
1. Recommended a final dividend of Rs 6 per equity shares of Rs 10 each subject to approval of shareholders.
2. Sub-division of equity share of Rs 10 each into 5 equity shares of Rs 2 each subject to necessary approvals.
3. Allotment of 50,000 equity shares, pursuant to the exercise of options granted under the ESOP scheme of the Company.
1. Recommended a final dividend of Rs 6 per equity shares of Rs 10 each subject to approval of shareholders.
2. Sub-division of equity share of Rs 10 each into 5 equity shares of Rs 2 each subject to necessary approvals.
3. Allotment of 50,000 equity shares, pursuant to the exercise of options granted under the ESOP scheme of the Company.
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