Maithan Alloys Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 24, 2013, inter alia, has recommended a dividend of Rs. 2/- per equity share of Rs. 10/- each (i.e. @ 20% of the paid up capital) for the year 2012-2013. The dividend, if approved by the shareholders shall be paid / dispatched by the Company on or before September 30, 2013.
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