Rico Auto Industries has informed that the Board of Directors of the Company at its meeting held on May 28, 2015, have recommended a final dividend of Rs. 2 (200%) per Equity Share of Rupee One each, subject to the approval of Shareholders, thereby making the total dividend to 300% including 100% Interim Dividend already paid for the financial year 2014-2015. This is one time Special Dividend because of sale of entire shareholding in erstwhile Joint Venture Company namely FCC Rico.
The above information is a part of company’s filings submitted to BSE.