Kesoram Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 03, 2008, inter alia, has recommended payment of dividend on Ordinary Shares @ Rs 5.50 per share aggregating to Rs 2943.46 lacks including dividend distribution tax for the year ended March 31, 2008 (previous year @ Rs 4 per share aggregating to Rs 2086.35 lacs).
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