Industrial & Prudential Investment Company has informed that the Board of Directors of the Company at its meeting held on May 05, 2017, inter alia, has transacted the following:
The Board of Directors has recommended for the financial year ended March 31, 2017 dividend of Rs. 25 per share on expanded capital (equivalent to Rs.75 per share on the original capital). The dividend, if approved, by the members at the 101st Annual General Meeting to be held on August 01, 2017 will be paid on or after August 11, 2017.The above information is a part of company’s filings submitted to BSE.