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Aditya Birla Nuvo declares interim dividend

13
Mar '07
Aditya Birla Nuvo Board has declared interim dividend of Rs5.5 (55 percent) a equity share for the financial year 2006-07.

The Company's board of directors declared the dividend at its meeting held on Mar 12, 2007.

Aditya Birla Nuvo is a diversified company primarily engaged in business segments of viscose filament yarn, carbon black, garments, textiles and insulators.


ABOUT ADITYA BIRLA NUVO LTD

Aditya Birla Nuvo Ltd (erstwhile Indian Rayon and Industries Ltd) is a diversified conglomerate within Aditya Birla Group, with a consolidated turnover of Rs. 48,303 million for FY 2006. It is a leading player in most of its business segments, including viscose filament yarn (VFY), carbon black, branded garments, fertilisers, textiles and insulators. Over the past years, Aditya Birla Nuvo, through its subsidiaries and joint ventures, has made successful forays into Life insurance, Telecom, Business Process Outsourcing (BPO), IT services, Asset Management and other financial services, striking a balance between value businesses and high growth businesses.


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