Nandan Exim has informed that the board of directors of the company at its meeting held on August 13, 2012, have recommended final dividend of 10% (Rs. 1 per share) on equity shares for the year 2011-12 subject to necessary approvals from the shareholders, banks and other approvals, if any and approved the expansion project for increase in the production capacity by 20 million meters p.a. in denim fabrics.
The above information is a part of company's filings submitted to BSE.
