Jaiprakash Hydro Board recommends final dividend
Jaiprakash Hydro Power Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 25, 2008, inter alia, has recommended final Dividend of Re 0.75 per share 7.5%) amounting to Rs 36.82 crores (excluding Dividend Distribution Tax of Rs 6.26 crores) in addition to the interim Dividend of Re 0.75 (7.5%) amounting to Rs 36.82 crores (excluding dividend distribution tax of Rs 6.26 crores) paid in August, 2007 in respect of the Financial Year ended March 31, 2008. Thus the total Dividend for the year ended March 31, 2008 would be 15% aggregating to Rs 73.64 crores, excluding aggregate dividend tax of Rs 12.52 crores.
