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Prime Textiles Board recommends dividend

29
May '07
Prime Textiles Ltd has informed that the Board of Directors of the Company at its meeting held on May 28, 2007, inter alia, has recommended for approval of shareholders a dividend of 8% on Preference Shares and a dividend of 6% for the equity shares for the year ended March 31, 2007, tax free in the hands of the shareholders.

Founded in the year 1936, the company came into the fold of the Patodias in the year 1988. It has a well modernized Spinning Unit with an installed capacity of 49,000 Ring Spindles.

Its Garments Unit has versatility to cater to varied segments such as outer garments and undergarments including fashion and sports wear for men, ladies and children.

Prime Textiles Ltd


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