Monday, June 9, 2008

Peninsula Land Board recommends Dividend - June 9, 2008

eninsula Land Ltd has informed that the Board of Directors of the Company at its meeting held on June 06, 2008, inter alia, has recommended dividend has follows:

1. 5% on the 5% Cumulative Redeemable Preference Shares of Rs 10/- each (Rs 0.50 per share).

2. 40% on Equity shares of Rs 2/- each (Rs 0.80 per share).
Further, the Board of Directors has appointed Lt. Gen.
Deepak Summanwar (Retired) as an Additional Independent Director of the Company.

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