Jet Airways approves 60% dividend

Jet Airways India has approved declaration of dividend for the financial year 2005-06 at the rate of 60% that is Rs 6 per equity share.
The board has approved reclassification of authorized capital of the company from Rs 200 million divided into 130 million equity shares of Rs 10 each and 70 million preference shares of Rs 10 each to Rs 2,000 million divided into 180 million equity shares of Rs 10 each and 20 million preference shares of Rs 10 each.
The board has decided to re-appoint Javed Akhtar, Saroj K Datta, Ali Ghandour and Victoriano P Dungca as directors of the company. The board has appointed Yash Raj Chopra, Shah Rukh Khan and Dr. Pierre J Jeanniot as directors of the company, each liable to retire by rotation and re-appointed Saroj K Datta as executive director of the company.
20/09/06 Myiris.com

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