On 28 October 2015
Panoramic Universal announced that the Board of Directors of the Company at its meeting held on 20 May 2015, inter alia, has discussed and approved the following;1. The Board recommended a dividend of Re. 0.35/- per share (i.e. 7%) on 10,00,00,000 fully paid up Cumulative Non-Convertible Redeemable Preference Shares of Rs. 5/- each aggregating to a payout of Rs. 3,50,00,000/- for the year ended 31 March 2015 subject to approval of members. The dividend, if declared, shall be paid on or before 28 October 2015.
2. The Board recommended a dividend of Re. 0.50/- per share (i.e. 10%) on 7,77,45,000 fully paid up Equity Shares of Rs. 5/- each aggregating to a pay out of Rs. 388,72,500/- for the year ended 31 March 2015 subject to approval of members. The dividend, if declared, shall be paid on or before 28 October 2015.
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