Manjeera Constructions has informed that the Board of Directors of the Company at its meeting held on May 28, 2012, have recommended a dividend of Rs. 1.20 per equity share having face value of Rs. 10 each for the financial year ended March 31, 2012 (Previous year Rs. 1.50 per equity share having face value of Rs. 10 each) .
Further, the board appointed G. Vivekanand, Executive Director as a member of the Audit committee of the Board.
The above information is part of company’s filing submitted to the BSE.