RIL to pay Rs 11/share

Mumbai, Mar 10 (UNI) The board of directors of Mukesh Ambani-led Reliance Industries (RIL) today approved an interim dividend of 110 per cent at Rs 11 per share of Rs 10.

The board of Indian Petrochemicals Corporation(IPCL) announced an interim dividend of 60 per cent at Rs 6 per share of Rs 10.

The announcement was made after the respective board met today approving merger of the two companies.

UNI