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Investor Centre > Dividend Policy
Dividend Policy
Dividends are declared at the Annual General Meeting of the Company, based on recommendations of the Board of Directors (Board).
The Board recommends dividend considering the factors, viz. that the Board may consider before making any recommendation include (but not limited to) future expansion plans, profit earned during the financial year, overall financial conditions, cost of raising funds from alternative sources, applicable taxes (including tax on dividend), money market conditions, etc.
Dividend payout
(last five years)
| Equity Shares of Rs 10 each | Year
ended Mar 31, '12 |
Year
ended Mar 31, '11 |
Year
ended Mar 31, '10 |
Year
ended Mar 31, '09 |
Year
ended Mar 31, '08 |
Year
ended Mar 31, '07 |
|---|---|---|---|---|---|---|
| Dividend (%) | 125 | 200 | 200 | 150 | 110 | 80 |
| Dividend per share (Rs.) | 12.50 | 20 | 20 | 15 | 11 | 8 |
Dividend paid in the past are not indicative of our dividend policy in the future.
