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Dynemic Products Board recommends dividend. Date :25/06/2007
1. The compnay has recommended dividend @ 10% per share subject to approval of members in the next Annual General Meeting of the Company.
2. The 17th Annual General Meeting of the members of the Company is scheduled to be held on August 20, 2007.
Dynemic Products Board to recommend dividend. Date :20/06/2007
Dynemic Products Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 25, 2007, to consider and take note of audited financial results for the quarter / year ended on March 31, 2007 and also to recommend dividend for the same year.
Project Updates Date : 19/01/2007
The Company has acquired the Plot of Land admeasuring 1699.20 Sq Mtr in GIDC Ankleshwar for its Unit I at Ankleshwar and two Plots admeasuring 3640.80 Sq Mtr and 4950.00 Sq Mtr at GIDC Ankleshwar for its unit II at Ankleshwar for setting up its own Effluent Treatment Plant in addition to the expansion project in the form of Backward Integration at Unit I and Forward Integration by setting up three new Food Color Plants at Unit II. Due to this reason the project implementation schedule is revised and the company now expects to start the Commercial Production in March 2007 for its Unit I and September 2007 for its Unit II. Due to this the project cost is revised to Rs. 1412.60 Lacs instead of Original cost of Rs. 1321.56 Lacs. The said cost will be met by company’s internal accruals.
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