Energy Development Company has informed that the Board of Directors of the Company at its meeting held on May 28, 2015, has recommended payment of Dividend at the rate of 5% on the paid-up share capital of the Company (Rs. 0.50 per equity shares of Rs. 10 each) for the financial year 2014-15 (subject to approval of members at the ensuing Annual General Meeting). The dividend, if approved, shall be paid within 30 days from the date of the Annual General Meeting.
The above information is a part of company’s filings submitted to BSE.