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Wednesday, Oct 06, 2004
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 Corporate - Announcements


Alok Ind members okay equity dividend

Our Bureau

MUMBAI: Alok Industries Ltd has informed the BSE that at its AGM held on September 30, the members have approved the following: Declaration of equity dividend of Re 1 per share for fiscal 2003-04; authorising the board to borrow funds not exceeding Rs 3,000 crore; and to mortgage the company's properties for an aggregate nominal value not exceeding Rs 3,000 crore together with monies payable.

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