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| Exchange Disseminated Time | India Motor Parts & Accessories Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 29, 2012, inter alia, has transacted the following :
1. Recommended an interim dividend of Rs.19/- per share (190% on the face value of Rs.10/- per share) for the financial year 2011-12 on the paid-up capital of Rs.415.98 lakhs. The Board also proposed to treat the interim dividend of Rs. 19/- per share (190%) as the total dividend for the year ending March 31, 2012
2. The Board has further approved the re appointment of the Managing Director for a period of 5 years with effect from July 05, 2012, subject to approval of Shareholders. |
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