Foseco India has informed that the Board of Directors of the Company at its meeting held on February 08, 2017, has recommended payment of a final dividend of Rs 7 per equity share (70%) on a paid-up equity share of Rs 10 each, for the financial year ended December 31, 2016. The final dividend is subject to approval of the Shareholders at the forthcoming Annual General Meeting of the Company.
The above information is a part of company’s filings submitted to BSE.