Primal Glass Ceylon has announced their first and Final Dividend for the 2013/2014
Dividend Details -
PIRAMAL GLASS CEYLON PLC
Company ID: - GLAS
Date of Initial Announcement: - 22.Apr.2014
Dividend per Share: - Rs. 0.38 per share / First & Final Dividend
Financial Year: - 2013/2014
Shareholder Approval: - Required
AGM: - 30.Jun.2014
XD: - 01.Jul.2014
Payment: - 09.Jul.2014
Trading Price - Rs. 3.80 (28.04.14)
Recommendation - Buy Below Rs. 3.80
Company Profile ( Source:http:www.piramalglassceylon.com)
PIRAMAL GLASS CEYLON PLC
Company ID: - GLAS
Date of Initial Announcement: - 22.Apr.2014
Dividend per Share: - Rs. 0.38 per share / First & Final Dividend
Financial Year: - 2013/2014
Shareholder Approval: - Required
AGM: - 30.Jun.2014
XD: - 01.Jul.2014
Payment: - 09.Jul.2014
Trading Price - Rs. 3.80 (28.04.14)
Recommendation - Buy Below Rs. 3.80
Company Profile ( Source:http:www.piramalglassceylon.com)
Piramal Glass Ceylon PLC (formally Ceylon Glass Company PLC) is a company with a rich history of over 60 years which was initiated by a group of Ceylonese entrepreneurs after the country gained political independence. The company began modestly but grew with the technical guidance received from Nippon Glass in Japan and subsequently with BGI, Thailand, initially manufacturing Amber quart bottles.The company with its steady progress was recognized by the Colombo Stock Exchange in 1994 and thus became a listed company. The opportunity of coming under the umbrella of Piramal Group (A large Indian conglomerate and leaders in the manufacture of pharmaceuticals and glass containers – apart from real estate and more) in 1999, spurred the company to reach greater heights. This strategic alliance paved the way for the company to have a global footprint in the Industry.As the Island’s sole manufacturer, Piramal Glass offers the entire moulded range of glass bottles for the Food and Beverages, Pharmaceuticals and Cosmetics and Perfume industries.The infrastructure and overall competence endows the company with unique flexibility and a wider range with the capability to offer glass containers in different shapes and colours for the wine and liquor industry – irrespective of volumes.
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