Corporate Announcement
Security Code : 521018    Company : MARALOVER    
 
Outcome of Board Meeting 
  Exchange Disseminated Time     
Maral Overseas Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 27, 2010, inter alia, has transacted the following:

1. The Board of Directors have recommended Preference Dividend @ 8% p.a. i.e. Rs. 4 per share on 1885400 Cumulative Redeemable Preference Shares (CRPS) of Rs. 100/- each proportionate for the period from the October 01, 2009 to the March 31, 2010 and dividend @3% p.a. i.e. Rs. 0.50 per share on 8,00,000 CRPS of Rs. 100/- each proportionate for the period from the January 31, 2010 to the March 31, 2010, aggregating to Rs. 78,41,600/-.

2. The Board of Directors has not recommended any dividend on Equity Shares.
 

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