Hindustan Media Ventures has informed that the Board of Directors of the vompany at its meeting held on May 07, 2014 have decided to recommend for approval by members, payment of dividend at the rate of Rs. 1.20 per equity share (12%) of Rs. 10 each for the financial year ended on March 31, 2014. The dividend, subject to the approval of the shareholders in the ensuing Annual General Meeting, will be paid on or after the date of the said meeting.
The above information is a part of company’s filings submitted to BSE.