Brief: India's Bodal Chemicals March-Qtr Consol Profit Falls

Bodal Chemicals

21/05/2019 09:55

May 21 (Reuters) - Bodal Chemicals Ltd  BODA.NS :
    * MARCH QUARTER CONSOL NET PROFIT 296 MILLION RUPEES VERSUS
PROFIT
391.8 MILLION RUPEES YEAR AGO
    * MARCH QUARTER CONSOL REVENUE FROM OPERATIONS 3.44 BILLION 
RUPEES VERSUS 2.93 BILLION  RUPEES YEAR AGO
    * RECOMMENDED FINAL DIVIDEND OF 0.80 RUPEES PER SHARE
    * BODAL CHEMICALS - BOARD APPROVES ISSUANCE OF 10 MILLION
WARRANTS
TO PROMOTER /PROMOTERS GROUP AND 5 MILLION EQUITY WARRANTS TO
NON-PROMOTER GROUP
    * BODAL CHEMICALS-APPROVED TO MAKE INVESTMENT OF 320 MILLION
RUPEES TO BUY 80% STAKE IN SENER BOYA KIMYA TEKSTIL SANAYI VE
TICARET LTD
    * SAYS APPROVED DIVERSIFICATION OF BUSINESS THROUGH NEW
PROJECTS
AND EXPANSION OF PLANT AT VARIOUS PLACES IN GUJARAT

Source text - https://bit.ly/2HKaJug
Further company coverage:  BODA.NS 

 ((Reuters.Briefs@thomsonreuters.com;))