Gujarat Narmada Valley Fertilizers & Chemicals has informed that the board of directors of the company at its meeting held on May 16, 2013, have recommended a dividend of Rs. 3.50 per equity share of Rs.10 each (at the rate of 35%) to the shareholders for the year ended March 31, 2013 subject to the approval of the shareholders at the Annual General Meeting (AGM). Upon approval of the shareholders of the company at the AGM, the dividend declared will be paid within 30 days of the declaration.
The above information is a part of company’s filings submitted to BSE.
