Shree Ajit Pulp & Paper has informed that the Board of Directors of the Company at its meeting held on May 25, 2013, have recommended dividend of Rs. 0.50 (Previous Financial Year Rs. 0.25) per paid up Equity Share of Rs. 10 each for the accounting year ended on March 31, 2013, subject to the approval of the shareholders.
The above information is a part of company’s filings submitted to BSE.