Welcast Steels has informed that the Board of Directors of the Company at its meeting held on May 04, 2013, has recommended a dividend of Rs.5 (50%) per Equity Share of Rs.10 each of the Company on 638161 Equity Shares for the Financial Year ending on March 31, 2013 subject to the approval of the Shareholders of the Company.
The above information is a part of company’s filings submitted to BSE.