Walchand Peoplefirst has informed that the board of directors of the company at its meeting held on May 18, 2012, has decided to recommend the payment of dividend of Re. 1 per equity share of Rs. 10 each to the shareholders of the company. The said dividend shall be paid subject to the approval of the shareholders at the forthcoming annual general meeting of the company.
The above information is part of company’s filing submitted to the BSE.