Paper Products has informed that the board of directors of the company at its meeting held on January 31, 2012, has recommended dividend of Rs 2.40 per equity share for the financial year ending December 31, 2011, subject to the approval of the shareholders at the forthcoming Annual General Meeting. The dividend if approved by the shareholders at the forthcoming Annual General Meeting shall be paid / dispatched on May 15, 2012.
The above information is part of company’s filing submitted to the BSE.