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September, 2006 Pragati Maidan, New Delhi, India |
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Hester Pharma recommends 10% dividend.
Hester Pharma has recommended dividend of Rs1.20 per equity share of Rs10 each (12%) for the financial year 04- 05. This recommendation is subject to approval at the ensuing AGM.
The company apparently informed the stock exchange, that considering the growth of poultry in India and the over- whelming demand for its range of poultry vaccines, it has on hand an expansion plan for increasing its current capacity by 300%, which would go on stream in the last quarter of the current financial year.
The expansion includes adding new products lines of poultry vaccines and other large animal vaccines.
Date: 29-Apr-2005
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