05 May 07 Tata Sponge dividend
Tata Sponge has informed the Indian stock exchanges that, the Board of directors of Tata Sponge, at their meeting held on May 04, 2007 have recommended a dividend of 40%, which works out to Rs.4 per equity share of face value Rs.10 each. The dividend is subject to statutory approval by the shareholders of Tata Sponge at the ensuing AGM.
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