Benares Hotels has informed that the Board of Directors of the Company at its meeting held on May 07, 2015, has recommended a dividend of 200% or Rs 20 per share on 13,00,000 Equity Shares of Rs 10 each (Previous Year Dividend @ 200%). The dividend will amount to Rs 260 lacs. The dividend, if approved by the Shareholders at the forthcoming Annual General Meeting of the Company will be paid out of the provision for dividend.
The above information is a part of company’s filings submitted to BSE.