[June 2004]
Orient Ceramics Recommends 14% Dividend
IRIS (New Delhi, India) reported on 21 June 2004 that Orient Ceramics & Industries Ltd had informed BSE that the board at its meeting held on 19 June 2004 had recommended a dividend of 14% for the year ended 31 March 2004.
Shares of Orient Ceramics were last traded on the BSE at Indian Rs 24.45, down Re 0.80 or 3.17%.
The major tilemaker has ISO 14001, employs around 500 people and turns over well in excess of US$20 million.
ENDS