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| Exchange Disseminated Time 22/05/2017 19:26:37 | Munjal Auto Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 22, 2017, inter alia, has transacted the following;
1. Recommendation of final dividend subject to approval of members @ 100% viz. Rs. 2/- per equity share on Face Value of Rs. 2/- each for financial year 2016-17. The dividend, if declared at the ensuing AGM, will be paid by July 30, 2017.
2. Recommendation for issue of Bonus Shares in the ratio of 1:1 i.e. one equity share of Rs. 2/- each for every one fully paid up equity share held as on record date, subject to approval of members of the Company. |
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