Vijay Textiles Ltd has informed that the Board of Directors of the Company at its meeting held on June 22, 2007, inter alia, has recommended a Dividend of 17% subject to the approval of the Shareholders at the forthcoming Annual General Meeting of the Company.
Company transformed form manufacturer to retailer foraying into mega retailing which is a concept gaining fast pace.
Vijay Textiles plans to launch a chain of showrooms in Southern India and establish retail outlets in the United States of America.
Vijay Textiles plans to setup an in house hi-tech studio with a facility where in the customer can visualize their selections on screen.
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