Arvind Remedies declares 5% dividend
Arvind Remedies declares 5% dividend The members of Arvind Remedies, (Q, N,C,F)* at its 19th annual general meeting (AGM) held on Sep. 28, 2007, approved 5% dividend on equity shares of the company out of the profits of the company for the year ended Mar. 31, 2007. > Arvind Remedies (ARVREMED) is engaged in the manufacture, marketing and export of allopathic and ayurvedic pharmaceutical products. Established in 1988 as a private limited company, the company went pubic in April 1996. It is promoted by Arvind Shah, the managing director and chief executive officer. The company has made significant contribution in cardiology, dermatology, nephrology and diabetes.
Shares of the company declined Rs 0.04, or 1.45%, to trade at Rs 2.71. The total volume of shares traded was 1,934,955 at the BSE.(Friday).
