Balasore Alloys has informed that the Board of Directors of the Company at its meeting held on May 19, 2017, has recommended a dividend of Rs 0.75 per share i.e. at the rate of 15% on the nominal value of share, which shall be payable subject to the approval of the shareholders at the forthcoming Annual General Meeting of the Company.
The above information is a part of company’s filings submitted to BSE.