B&A has informed that the Board of Directors in its meeting held on 27th May 2019 has recommended a final dividend of 10% on equity share capital of the Company i.e. Re 1 per equity share of Rs 10 each fully paid up, out of the profits for the Financial Year 2018-19, subject to the approval of the shareholders in the ensuing Annual General Meeting. The dividend outflow will be Rs 3,100,000 excluding tax on dividends, if declared in the ensuing Annual General Meeting. The Board of Directors in same meeting also has decided to pay final dividend for the financial year 2018-19 on or after 20th September 2019.
The above information is a part of company’s filings submitted to BSE.