Tuesday, June 30, 2009

Maxwell Industries Board Allotment Of Equity Share - June 30, 2009

Maxwell Industries Limited has informed that the Board of Directors of the Company at its meeting held on June 30, 2009, inter alia, has approved the following:

1. Recommend dividend of Rs 5 per equity share on 5% Redeemable Preference Equity Shares of Rs 100/- each for the financial year 2008-09.

2. Recommend dividend of 20% (40 paise per equity share) on Equity Shares of the Company face value of Rs 2/- each for the financial year 2008-09.

3. To established a Knitting Unit at Village Kanchigam, Dist. Daman.

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