Minda Industries has informed that the Board of Directors of the Company at its meeting held on May 26, 2015, has recommended a final dividend of Rs. 3.50 per equity share of Rs. 10 each i.e. 35%, to the equity shareholders for the year ended on March 31, 2015. The interim dividend of Rs. 2.50 per equity share of Rs. 10 each i.e. 25% was paid on March 05, 2015 to the equity shareholders, therefore, the total dividend for the financial year ended on March 31, 2015 works out to Rs. 6.00 per equity share of Rs. 10 each i.e. 60%. The dividend of Rs. 0.30 per preference share i.e. 3% to the 3% Cumulative Redeemable Preference Shares of Rs. 10 each for 2014-15 has already been paid on March 05, 2015.The final dividend is subject to the approval of the shareholders.
The above information is a part of company’s filings submitted to BSE.
