Minda Industries has informed that the Board of Directors of the company at its meeting held on May 27, 2014 has recommended dividend subject to the approval of the shareholders in the ensuing Annual General Meeting of the company, on Equity shares @30% i.e. Rs. 3 per equity share on the face value of Rs.10 each & 3% Cumulative Redeemable Preference Shares of Rs.10 each @3% i.e. Rs. 0.30 per 3% Cumulative Preference Shares.
The above information is a part of company’s filings submitted to BSE.