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Magna Electro Castings board recommends Dividend

19 May 2014 Evaluate

Magna Electro Castings has informed that the Board of Directors of the Company at its meeting held on May 19, 2014 have recommended payment of dividend Rs. 1.60 per share (@ 16%) on the Equity Share Capital, subject to the approval of the shareholders at the ensuing Annual General Meeting.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
AIA Engineering 3920.55
Alicon Castalloy 729.70
Nelcast 118.55
PTC Industries 21791.30
Synergy Green Inds. 639.15
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