Punjab Chem declares 40 pc dividend

Mumbai, Sep 7 (UNI) Punjab Chemicals&Crop Protection (PCPL), a joint venture between Excel Industries and Punjab State Industrial Development Corporation, today declared a 40 per cent dividend, that is Rs four per equity share of Rs ten.

It was approved by members at the company's annual general meeting (AGM) held today, the company informed the Bombay Stock Exchange.

The AGM also approved appointment of Mr S S Tiwari and Mrs Rupam Shroff as whole-time directors of the company.

UNI SA NV1955