Indian Petrochemicals Corporation Ltd (IPCL) has informed BSE that the Board of Directors of the Company at its meeting held on May 04, 2006 has approved the payment of an interim dividend of Rs 5.50/- per fully paid equity share of Rs 10/- each. The Paid up equity share capital of the Company, as on March 31, 2006 is Rs 2,482.30/- million.
Further the Company has informed that the Board has fixed May 20, 2006 as Record Date for the purpose of Interim Dividend.
The interim dividend will be paid on and from May 29, 2006.
Bombay Stock Exchange Ltd
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