Welspun India has informed that the Board of Directors of the Company at its meeting held on April 25, 2016, has recommended a final dividend at the rate of 5% (i.e. Re. 0.05 per share on equity share of Re 1 each (post sub-division)) for approval of equity shares in the forthcoming Annual General Meeting. With this the total dividend for the year (subject to shareholder’s approval) will be 130% (i.e. Re 1.30 per share (post sub-division).
The above information is a part of company’s filings submitted to BSE.
