Modern India has informed that the Board of Directors of the Company at its meeting held on May 11, 2015, inter alia, has recommended a dividend of 6% i.e. Rs 0.12 per Equity Shares of face value of Rs 2 each for the year 2014-15, subject to the approval of members in the ensuing Annual General Meeting.
The above information is a part of company’s filings submitted to BSE.