Thursday, July 26, 2007
Ingersoll Rand - Outcome Of AGM
Ingersoll Rand India Ltd has informed that the members at the 85th Annual General Meeting (AGM) of the Company held July 25, 2007, inter alia, have declared a final dividend of Rs 3.00 per share (30%) out of the profits for the year ended March 31, 2007. After considering the interim dividend of Rs 3.00 per share (30%), the total dividend pay-out for the year would absorb, in all, Rs 189,408,000/-. The Company will pay tax on distributed profits (including surcharge and education cess) as applicable on the final dividend.
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