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| Exchange Disseminated Time 24/05/2016 16:27:21 | Omaxe Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 24, 2016, inter alia, has considered / approved the following:
1. Preference Dividend: The Board of Directors recommended a dividend of 0.1% on 25,00,00,000 0.1% Non-Cumulative, Non-Convertible, Redeemable Preference Shares of face value of Rs. 10/- each (Rupees ten only) for the Financial Year ended March 31, 2016 for the approval of the shareholders.
2. Equity Dividend: The Board of Directors also recommended a dividend of Re. 0.70 per share (7%) on Equity Shares of Rs. 10/ - each for the Financial Year ended March 31, 2016 for the approval of the shareholders. |
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