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IFGL pays Rs 1.50cr 1st instalment of advance income tax
This article was posted on Mar 16, 2008 and is filed under Press Releases
IFGL Refractories Ltd (IFGL), engaged in the manufacture of specialised refractories and operating systems for the iron and steel industry, has effected payment of Rs. 1.50 crore towards the first instalment of advance income tax for the current financial year. The amount paid is higher by about 11% than that paid for the corresponding instalment for 2007-2008.
IFGL has recommended the payment of 20 percent dividend, i.e. Rs. 2/- per share for 2007 –2008. the dividend is to be approved at the annual general meeting to be held on 22nd August, 2008.
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