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Exchange Disseminated Time | Maral Overseas Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 30, 2013, inter alia, have recommended Preference Dividend @ 8% i.e. Rs. 8/- per share on 18,44,500 CRPS of Rs. 100/- each amounting to Rs. 150.83 lacs, @ 3% i.e. Rs. 3/- per share on 12,00,000 CRPS of Rs. 100/- each amounting to Rs. 36.00 lacs for the financial year 2012-13 and arrears of dividend @ 3% i.e. Rs. 3/- per share on 12,00,000 CRPS of Rs. 100/- each amounting to Rs. 36.00 lacs for the financial year 2011-12, aggregating Rs. 222.83 lacs (exclusive of dividend distribution tax), subject to obtaining of approval of the Central Government, if required.
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