PBM Polytex has informed that the board of directors of the company at its meeting held on August 09, 2012, has recommended dividend at the rate of 15% on the paid up capital (i.e. Rs. 1.50 per share of Rs. 10 each). The dividend if declared shall be paid to those shareholders whose names appear on the register of members on September 15, 2012.
The above information is a part of company's filings submitted to BSE.