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.