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Mahindra Holidays & Resorts India recommends Dividend

19 May 2015 Evaluate

Mahindra Holidays & Resorts India has informed that the Board of Directors of the Company at its meeting held on May 18, 2015, has transacted that the Directors have recommended dividend of Rs  4 per Equity Shares of Rs 10 each (i.e. 40%) on 8,87,80,856 Equity Shares and alteration of the Articles of Association of the Company by adoption of a new set of Articles of Association to align the same in accordance with the provisions of the Companies Act, 2013, subject to approval of shareholders in the forthcoming AGM.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
The Indian Hotels Co 730.45
ITC Hotels 159.30
Mahindra Holi.&Resor 195.00
EIH 296.60
Chalet Hotels 846.85
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