May 16, 2018 / 11:04 AM / 2 months ago

BRIEF-India's JSW Steel Recommended Dividend Of 3.20 Rupees Per Equity Share

May 16 (Reuters) - JSW Steel Ltd:

* SAYS CO RECOMMENDED DIVIDEND AT STIPULATED RATE OF 10 PERCENT PER SHARE ON 10 PERCENT CUMULATIVE REDEEMABLE PREFERENCE SHARES

* SAYS CO RECOMMENDED CUMULATIVE DIVIDEND AT STIPULATED RATE OF 0.01 PERCENT ON 0.01 PERCENT CUMULATIVE REDEEMABLE PREFERENCE SHARES

* RECOMMENDED DIVIDEND OF 3.20 RUPEES PER EQUITY SHARE

* SAYS APPROVES RAISING OF LONG TERM RESOURCES THROUGH NCD ISSUE NOT EXCEEDING 40 BILLION RUPEES Source text - bit.ly/2wRarzs Further company coverage:

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