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Geojit Financial Services raises dividend for fiscal 2016-2017

Geojit Financial Services Ltd. raised its dividend for the fiscal year ended March 31.

The India-based company said May 26 that its board proposed a dividend of 1.25 rupees per share for the fiscal 2016-2017, up from 1 rupee per share for fiscal 2015-2016.

As of May 26, US$1 was equivalent to 64.50 Indian rupees.