Voith Paper Fabrics India has informed that the Board of Directors of the Company at its meeting held on May 25, 2017, has recommended payment of dividend at the rate of 40% i.e. Rs 4 per equity shares of Rs 10 each fully paid-up, for the year ended March 31, 2017. The dividend if approved by the shareholders, at the 47th Annual General Meeting, would be paid to the eligible shareholders within the stipulated time.
The above information is a part of company’s filings submitted to BSE.