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Monday, May 16, 2016

The Board of Directors of NSE recommends 730% dividend

The Board of Directors of NSE recommends 730% dividend

MUMBAI: The Board of Directors of the Company in its meeting held on May 12, 2016, interalia, approved the annual accounts (on a standalone basis and also on a consolidated basis) for the year ended March 31, 2016 and noted the auditors' report thereon. The financial results of the Company are posted on the Company's website.

At the above meeting, the Board of Directors recommended a dividend of Rs. 73 per equity share of Rs.10 each for the financial year ended March 31, 2016.

The dividend, if approved, by the shareholders in the ensuing Annual General Meeting, will be paid to the shareholders within 5 days from the date of Annual General Meeting.

(You may please see more details at https://www.nseindia.com/global/content/about_us/NSEIL_12052016.pdf. As you may have observed in the NOTES (mentioned in above the linked file), the treatment of core SGF has affected the balance sheet numbers this year.)
 
For more details, contact:
Arindam Saha | Head - Corporate Communications
Mo: +91-9930019202 | Direct: +91-22-2659 8164
Twitter: @NSEIndia
 

About The National Stock Exchange of India (NSE):

In its 20 years of existence, NSE has transformed the capital market, based on technology, innovation, high standards of corporate governance and management practices. 

NSE's business practices and high level of integrity have earned it the trust of the financial markets worldwide. Besides being a platform of choice for all exchange traded financial products in India, NSE's flagship index, Nifty50 is used extensively by investors in India and around the world as a barometer of the Indian capital markets. 

Since inception, the exchange has been covered extensively by global media and has won many accolades in recognition of its contribution in reforming the Indian securities market.

For more information, please visit: www.nseindia.com


The Board of Directors of NSE recommends 730% dividend Reviewed by S. Chitra on May 16, 2016 Rating: 5 The Board of Directors of NSE recommends 730% dividend MUMBAI: The Board of Directors of the Company in its meeting held on May 12, 201...

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