Nelcast has informed that the Board of Directors of the Company at its meeting held on May 23, 2012, recommended a final dividend of 40% i.e. Rs. 0.80 per share of Rs. 2 paid up for the financial year 2011-12 subject to the approval of shareholders and the conduct of Annual General Meeting on July 30, 2012.
The above information is part of company’s filing submitted to the BSE.