Tyroon Tea Company has informed that the board of directors of the company at its meeting held on July 31, 2012, has considered and approved the recommendation of equity dividend of 10% i.e. Rs. 1 per equity share of Rs. 10 each for the financial year ended March 31, 2012, subject to approval of members of the company at the ensuing annual general meeting (AGM).
Further, the board approved opening of bank account for payment of dividend for 2011-12.
The above information is a part of company's filings submitted to BSE.