Accel Frontline has informed that the board of directors of the company at its meeting held on October 31, 2012, has recommended a dividend of 15% (Rs. 1.50 per equity share of Rs. 10 each) on the equity shares of the company for the year ended March 31, 2012 subject to the approval of shareholders in the annual general meeting which is scheduled to be held on December 19, 2012.
Further, the dividend on equity shares, if declared at the ensuing annual general meeting will be credited / dispatched on or before January 18, 2013.
The above information is a part of company's filings submitted to BSE.
