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India's Twentyfirst Century Management Services declares dividend

India-based Twentyfirst Century Management Services Ltd. declared a dividend for the fiscal year ended March 31.

The company proposed a dividend of 2.50 rupees per share, according to a May 17 stock exchange filing.

It did not declare a dividend in the previous corresponding period.

As of May 17, US$1 was equivalent to 67.82 Indian rupees.