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Housing Development Finance Corporation board recommends dividend

02 May 2016 Evaluate

Housing Development Finance Corporation has informed that the Board of Directors of the Company at its meeting held on May 02, 2016, has recommended a final dividend of Rs 14 per equity share of face value of Rs 2 each for the financial year 2015-16. The dividend, if approved by the Members, will be dispatched/ remitted commencing from the day after the ensuing Annual General Meeting. The total dividend for the year (including the interim dividend of Rs 3 per equity share) is Rs 17 per equity share as against Rs 15 per share for the previous year.

The above information is a part of company’s filings submitted to BSE.

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