Neo Corp International Ltd has informed that the Board of Directors of the Company at its meeting held on August 26, 2008, inter alia, has transacted the following:
1. The Board recommended a dividend of 5% on the existing fully paid shares which is 86,54,300 equity shares.
2. The Board decided to set up a separate division as export oriented unit (EOU).
Started with a vision to make positive differences in the lives of our customers, Associates, Share Holders, Employers and Society at large.
Neo Corp International Limited (NCIL) has come a long way from a small woven sack factory in 1988 to a large integrated globally acclaimed technical textiles manufactures.