Eicher Motors declares interim dividend of Rs 100 per share

Eicher Motors today said its board has approved payment of interim dividend of Rs 100 per equity share of Rs 10 each for the financial year 2015-16

New Delhi: Eicher Motors today said its board has approved payment of interim dividend of Rs 100 per equity share of Rs 10 each for the financial year 2015-16.

The company's board has approved the payment of interim dividend of Rs 100 per equity share of Rs 10 each, at the rate of 1000 per cent, for the financial year 2015-16, Eicher Motors said in a statement.

The current financial year of the company commenced on January 1, 2015 and will end on March 31, 2016, being for a period of fifteen (15) months.

"Further, the board has fixed March 23, 2016 as record date for the purpose of payment of interim dividend. Interim dividend will be paid on or before March 31, 2016," the company said.

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