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Gulf Oil to pay interim dividend of INR 50 per share

Gulf Oil Corporation Ltd has decided to pay an interim dividend of INR 2.50 per share, equivalent to 125 per cent. This comprises interim dividend of INR 2.20 per share equivalent to 110 per cent plus special interim dividend of INR 0.30 equivalent to 15 per cent following the demerger in progress. This is for the year 2013-14. The company informed the BSE that the board of directors approved the dividend at its meeting held on March 26.

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