Gujarat Narmada Valley Fertilizers & Chemicals has informed that the Board of Directors of the Company at its meeting held on April 26, 2016, has recommended a Dividend of Rs 2 per equity share of Rs 10 each (at the rate of 20%) for the year ended March 31, 2016, subject to approval of the Shareholders at the ensuing Annual General Meeting (AGM). Upon approval of Shareholder’s, the dividend declared will be paid within 30 days of declaration and the date of payment of dividend will be intimated in due course.
The above information is a part of company’s filings submitted to BSE.