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Jamna Auto Industries board recommends dividend

08 Jun 2012 Evaluate
Jamna Auto Industries has informed that the board of directors of the company at their meeting held on June 07, 2012, has recommended dividend of Rs  4,32,00,000 accumulated on 12.5% optionally cumulative convertible preference share of Rs. 100 issued to IFCI . The dividend if approved by the annual general meeting shall be paid to IFCI on August 24, 2012.

Further the board recommended dividend of Rs 1.50 on the equity share of Rs. 10 each aggregating to Rs. 5,91,83,097.75 in addition to the two interim dividends of Re. 1 each paid earlier. The dividend if approved by the members shall be paid/dispatched on September 04, 2012.

The above information is a part of company's filings submitted to BSE

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