Jai Corp has informed that the board of directors of the company at its meeting held on May 24, 2012, has recommended dividend of Re 0.01 per share on 9,999,900 non cumulative non participating redeemable preference shares of face value of Re 1 each and Re 0.50 per share on 48,157,010 equity shares of face value of Rs 1 each.
The above information is part of company’s filing submitted to the BSE.