Pradeep Metals has informed that the Board of Directors of the Company at its meeting held on May 10, 2014, inter alia, has considered and recommended Dividend of Rs. 1.20/- (One Rupee Twenty Paisa Only) per equity share of Rs. 10 each (i.e.12%) on 17,270,000 Equity Shares for the financial year 2013-14, subject to the approval of the shareholders at the forthcoming Annual General Meeting.
The above information is a part of company’s filings submitted to BSE.