Trent Recommends Dividend

Trent Ltd has informed BSE that the Board of administrators of the corporate at its meeting stayed could twenty five, 2011, inter alia, have approved the following:1. counseled payment of Dividend @ seventy fifth i.e. Rs. 7.50 per Equity Share of Rs. 10/- every on a pair of,00,56,877 Equity Shares, for approval by the shareholders.2. Also, counseled payment of dividend @ zero.1% once a year i.e. 1.02 paise per CCPS Series A of Rs. 10/- every on forty four,51,414 CCPS Series A from the date of allotment, i.e. August 28, 2010 and up to the date on that the CCPS Series A are compulsorily and automatically converted into one totally paid up Equity share of Rs. 10 each i.e. September 01, 2011.The dividend on CCPS Series A are going to be paid among thirty days once identical has been approved by the shareholders at the forthcoming Annual General Meeting as per the Letter of provide. A record date are going to be fastened at a later date in consultation with the Stock Exchanges to establish who would be eligible for the allotment of the totally paid up equity shares and also the payment of dividend.3. Also, counseled payment of Dividend @ zero.1% i.e. Re. one per Redeemable Preference Share of Rs. 1000/- every, on 70,000 Preference Shares, for approval by the shareholders