Balaji Amines has informed that the board of directors of the company at its meeting held on May 11, 2013, has recommended the payment of annual dividend of Rs. 0.80 per equity share i.e. 40% on face value of Rs. 2 per share and the same will be payable after it is approved by the shareholders at the ensuing Annual General Meeting.
Further, in view of Silver Jubilee celebrations of the Company the Board proposed to declare a Special dividend at the rate of 25% i.e. Rs. 0.50 per Share on face value of Rs. 2 per share and the same will be payable after it is approved by the shareholders at the ensuing Annual General Meeting.
The above information is a part of company’s filings submitted to BSE.