Minda Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2011, inter alia, has recommended a dividend, subject to the approval of the shareholders in the ensuing Annual General Meeting of the Company, on :1. Equity Shares @ 30% i.e. Rs. 3/- per equity share on the face value of Rs. 10/- each.2. 1,83,500 Nos. of 3% Cumulative Compulsorily Convertible Preference Shares of Rs. 2187/- each.3. 35,00,000 Nos. of 3% Cumulative Compulsorily Preference Shares of Rs. 10/-.Source : BSE
