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| Exchange Disseminated Time 10/05/2016 16:29:56 | | Maral Overseas Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 10, 2016, inter alia, have recommended Preference Dividend of Rs. 8/- per share on 8% 18,85,400 CRPS of Rs. 100/- each (held by banks and FIs) amounting to Rs. 150.83 lacs for the financial year 2015-16 (exclusive of dividend distribution tax) subject to obtaining approval under Section 462/470 of the Act. The Board of Directors has not recommended any dividend on 3% Cumulative Redeemable Preference Shares held by promoters and on equity shares. |
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