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| Exchange Disseminated Time | Maxwell Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 14, 2012, inter alia, has approved the following:
1. Recommend dividend of Rs. 5/- per share on 5% Redeemable Preference Shares of Rs. 100/- each for the financial year 2011-12, subject to approval by members at ensuing Annual General Meeting.
2. Recommendation of 30 paise (15% on face value of Rs. 2/- each) per share on Equity Shares for the financial year 2011-12, subject to approval by members at ensuing Annual General Meeting. |
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