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Indiabulls Securities Board recommends dividend

Indiabulls Securities Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 28, 2008, inter alia, has recommended a dividend of Rs 7.50 per equity share (375% on the face value of Rs 2 per Equity share) for the financial year ended March 31, 2008, subject to approval of shareholders at the ensuing Annual General Meeting of the Company.

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