Setco Automotive has informed that the board of directors of the company at its meeting held on July 05, 2012, has recommended dividend at 40% i.e. Rs. 4 per equity share of Rs. 10 each for the financial year 2011-12 and the issue of bonus shares in the ratio of one equity share for every two equity shares held subject to approval of shareholders at the annual general meeting. The bonus shares will not be eligible for dividend for the F.Y. 2011-12.
The above information is a part of company's filings submitted to BSE.
