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Strides Arcolab approves special dividend of Rs 500

Strides Arcolab at its meeting held on December 10, 2013, has approved the a special dividend of Rs 500 per equity share of Rs 10 each to the shareholders of the Company.  Strides Arcolab Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 10, 2013, inter alia, have approved the following:1. A Special Dividend of Rs. 500/- (Rupees Five Hundred Only) per equity share of Rs. 10/- each to the shareholders of the Company.2. The said Special Dividend will be paid on or after December 27, 2013.In this regard, the Company has issued a Press Release dated December 10, 2013 titled "Update on Agila Transaction".Source : BSE Source: MoneyControl

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