The board of Kiri Dyes and Chemicals has recommended final dividend at the rate of Rs 1.50 per equity share (15%) for the year ended as on 31 March 2009. The board has also decided to raise fund to the tune of Rs 150 crore by way of QIPs/preferential allotment/FCCB/GDR etc. for expansion and diversification of the company.
The board has also decided to increase in borrowing power of the company from Rs 300 crore to Rs 700 crore.
This was recommended at the board meeting held on 29 June 2009.
The board has also decided to increase in borrowing power of the company from Rs 300 crore to Rs 700 crore.
This was recommended at the board meeting held on 29 June 2009.
No comments:
Post a Comment