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Inani Marbles & Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 30, 2008, inter alia, has taken the following decision:

1. Board has decided to pay final dividend @ 10% to equity share holders of the Company subject to approval of the same in Annual General Meeting.

2. Company has received sanction of term loan of Rs 810 lacs and working capital limits of Rs 150 lacs from State Bank of Bikaner & Jaipur for set up of 100% EOU unit near Chittorgarh. Company has started to avail the same and work are at advance stage of implementation. in the opinion of the board the EOU project will commence production within 3 months.

Tags: Inani Marbles

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