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Equity News
Sep 4 2008 5:47PM
Jhunjhunwala Vanaspati recommends final dividend
The board of Jhunjhunwala Vanaspati has recommended final dividend at the rate of 10% for the year ending on 31 March 2008.

The board has decided to D N Jhunjhunwala as chairman (executive) of the company.

The board has decided to appoint S N Jhunjhunwala as managing director of the company.

The board has decided to appoint Adarsh Jhunjhunwala as whole-time director of the company.

The board has decided to to raise an amount upto US$ 30.00 million by way of FCCBS /ADR / GDR or and other financial instruments as per requirement.

The board has decided to change the name of the compay from Jhunjhunwala Vanaspati to JVL Agro Industries.

This was recommended at the board meeting held on 04 September 2008.

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