Corporate News     02-Mar-07
K M Sugar Mills’ members approve 15% dividend
To raise authorised share capital to Rs 50 crore
K M Sugar Mills’ members at the annual general meeting (AGM) held on 26 February 2007, approved the balance sheet and the profit and loss account for the financial year ended on 30 September 2006, together with the the directors' and the auditors' report as on 30 December 2006.

Accordingly, the members have approved 15% dividend, as recommended by board.

Meanwhile, the members approved to increase the authorised share capital to Rs 50 crore divided into 5 crore equity share of Rs 10 each.

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