Maithan Alloys has informed that the Board of Directors of the Company at its meeting held on May 09, 2017, has recommended a dividend of Rs 2.50 paisa per equity share of Rs 10 each, for the financial year 2016-17. The dividend, if approved at the ensuring Annual General Meeting shall be paid/dispatched to the members on and after August 16, 2017.
The above information is a part of company’s filings submitted to BSE.