Dishman Pharmaceuticals and Chemicals has informed that the board of directors of the company at its meeting held on July 31, 2012, has recommended payment of dividend at the rate of 60% on the paid up equity share capital of Rs. 16,13,94,272 (i.e. Rs.1 .20 per equity share of Rs. 2 each) for the financial year 2011-12, subject to approval of members in the ensuing annual general meeting.
The above information is a part of company's filings submitted to BSE.