Date:28/09/2005 URL: http://www.thehindubusinessline.com/2005/09/28/stories/2005092802460202.htm

Back Ansal to pay 5% final

Our Bureau

NEW DELHI: Ansal Properties and Infrastructure Ltd (APIL) has declared a final dividend of five per cent on the post bonus paid-up equity share capital for the year ended March 31, 2005.

"This is in addition to the declaration and payment of interim dividend at 7.5 per cent for the period from April 1, 2004 to December 31, 2004 (outgo Rs 99 lakh). Therefore the final dividend total outgo now stands to Rs 198 lakh," the company said in a statement.

Other decisions taken at the company's annual general meeting (AGM) include re-appointment of Mr Sushil Ansal as the company's Chairman and whole time director for five years with effect from April 1, 2005.