The board of Anil Products has recommended dividend at the rate of Re 1 per equity share (10%) for the year ended 31 March 2009. The board has decided to issue of fresh equity capital upto Rs 150 crore by way of private equity/QIP/preferential allotment/FCCB/GDR at a suitable premium for financing company's expansion and diversification projects.
The board has also decided to increase borrowing limits of the company upto Rs 500 crore.
This was decided at the board meeting held on 30 June 2009.
The board has also decided to increase borrowing limits of the company upto Rs 500 crore.
This was decided at the board meeting held on 30 June 2009.
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