Poly Medicure board recommends dividend

Poly Medicure has informed that the board of directors of the company at its meeting held on May 28, 2012, has approved the recommended dividend at the rate of Rs 3 per equity share of Rs 10 each for the financial year 2011-12.

Further the board declares the induction of Shailendra Raj Mehta, as an additional director in the capacity of the non executive, independent director on the board with immediate effect.

The above information is part of company’s filing submitted to the BSE.