Held on 26 May 2015
Minda Industries announced that the Board of Directors of the Company at its meeting held on 26 May 2015, inter alia, has recommended a final dividend of Rs. 3.50 per equity share of Rs. 10/- each i.e. 35%, to the equity shareholders for the year ended on 31 March 2015.The interim dividend of Rs. 2.50 per equity share of Rs. 10/- each i.e. 25% was paid on March 05, 2015 to the equity shareholders, therefore, the total dividend for the financial year ended on 31 March 2015 works out to Rs. 6.00 per equity share of Rs. 10/- each i.e. 60%.
The dividend of Rs. 0.30/- per preference share i.e. 3% to the 3% Cumulative Redeemable Preference Shares of Rs. 10/- each for 2014-15 has already been paid on 05 March 2015.
The final dividend is subject to the approval of the shareholders.
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