Bhagyanagar India has informed that the board of directors of the company at its meeting held on May 06, 2013, has accorded their approval for recommendation of dividend at the rate of 20% (Re. 0.40 per Equity Share) for the year 2012-13, on the paid-up Equity Share Capital of the Company Rs. 127,980,000 comprising of 63,990,000 Equity Shares of Rs. 2 each and appointment of Surender Bhutoria as Chief Financial Officer of the Company.
The above information is a part of company’s filings submitted to BSE.