Of Re 0.50 per share
Modern India announced that the Board of Directors of the Company at its meeting held on 16 May 2014, inter alia, has recommended a dividend of 25% i.e. Re 0.50 per equity shares of the face value of Rs 2 each for the year 2013-14 subject to the approval of members in the ensuing Annual General Meeting. Total outgo on account of this including Dividend Distribution Tax is Rs 2.18 crore.Powered by Capital Market - Live News