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Monday, Dec 30, 2002

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Bajaj Hind to pay Rs 3.75 dividend

Our Bureau

MUMBAI, Dec. 29

BAJAJ Hindustan Ltd has informed the Bombay Stock Exchange that its board of directors has recommended dividend on equity shares for the extended corporate financial year ended September 30, 2002 (FY-02) at Rs 3.75 per share.

The company has further informed that Mr Uday S. Kotak, who was on board of the company, has resigned as Director of the company and the board has appointed his father, Mr Suresh A. Kotak, as Director of the company with effect from December 27, 2002.

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