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Notice Of Book Closure Date For Dividend

Notice Type Notice of Book Closure Date for Dividend
Corporate Action Details (e.g. Rights ratio, dividend ratio, tax rate, etc)a Final Dividend of Rs. 0.30 per ordinary share of Rs.1/- each for the financial year ended 31 March 2008
Record Date05/08/2008
Record Time17:00
Date Paid/Payable (if applicable)
FootnotesThe Board of Directors of Meghmani Organics Limited (“MOL”) has recommended a Final Dividend of Rs. 0.30 per ordinary share of Rs.1/- each for the financial year ended 31 March 2008, for the approval of Members at its meeting to be held on 30 July,2008.

MOL wishes to clarify that in respect of the Singapore Depository Shares (“SDS”), a Final Dividend of Rs. 0.15 per SDS (Two Singapore Depositories equal to One Equity share) for the financial year ended 31 March 2008, will be paid once it is approved by the Members at its Annual General Meeting to be held on 30 July,2008.

The Record Date for the purpose of payment is fixed on 06 August,2008 to ascertain the eligibility of SDS shareholders to receive dividend. The CDP will accept transfer till the close of trading hours i.e. up to 5.00 p.m. on 05 August,2008.

As per the Indian Companies Act, 1956 the Company is required to make the payment of dividend within 30 days of the date of declaration at AGM. The dividend payment date finally decided at the Annual General Meeting will be communicated by way of announcement to SDS Shareholders.