Bata India Ltd has informed that the Board of Directors of the Company at its meeting held on March 28, 2008, inter alia, has recommended a dividend of 15 per cent on Equity shares and an additional dividend of 5% to celebrate 75 years of the Company in India aggregating to 20% subject to the approval of the Shareholders at the next AGM for the year ended December 31, 2007.
Bata is one of the world's leading footwear retailers and manufacturers with operations across 5 continents managed by 4 regional meaningful business units (MBUs).