Tribhovandas Bhimji Zaveri has informed that the Board of Directors of the Company at its meeting held on May 12, 2015, has recommended a dividend of Re 1 per equity share of Rs 10 each i.e. 10% for the financial year ended March 31, 2015 (Previous year: normal dividend of 15% and special dividend of 7.5 % on the special occasion of completion of the 150th year of the organization amounting to the total dividend of 22.50%). The payment is subject to approval of shareholders in the ensuing Annual General Meeting (AGM).
The above information is a part of company’s filings submitted to BSE.
