Magma Fincorp has informed that the Board of Directors of the Company at its meeting held on May 09, 2018, has proposed, subject to the approval of the Shareholders at the Annual General Meeting dividend on Equity Shares at the rate of 40% i.e. Re. 0.80 per Equity Share of the face value of Rs 2 each.
The above information is a part of company’s filings submitted to BSE.