TOP CORPORATE NEWS-22 SEP 2014

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JK Tyre gains on stock split plan
JK Tyre and Industries is trading 4% higher after the company said it board will consider sub-division of equity shares of the company of face value of Rs 10 each into a lower denomination.

Colgate Palmolive stock up on declaring First Interim Dividend
Shares of Colgate Palmolive Ltd ended 2% up after the company has announced that the Board of Directors of the Company at its meeting held on September 22, 2014, has declared a first interim dividend of Rs. 8 per equity share of Re. 1 face value for FY 2014-15.

Crompton Greaves bags new orders
Crompton Greaves was selected by eRDF- Electricite Reseau Distribution France the public electricity distribution company managing 95% of the electricity distribution network in continental France, as one of the six suppliers to manufacture the first three million of its new generation linky smart meters.

Kaveri Seed declares dividend, stock down
Kaveri Seed Company Ltd has informed that the Final Dividend Rs. 2.40 per share on equity share capital of the Company has declared by the members at their 27th Annual General Meeting of the Company held on September 18, 2014, the same will be paid to the shareholders on September 26, 2014.

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