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Jai Corp board recommends dividend

Jai Corp has informed that the Board of Directors of the Company at its meeting held on May 30, 2017, has recommended dividend at Re 0.01 per share on the outstanding 5,829,900 Non Cumulative Non Participating Redeemable Preference Shares (‘Preference Shares’) of face value of Re 1 each after excluding the Preference Shares to be redeemed; and at Re 0.50 per share on 48,167,010 Equity Shares of face value of Re 1 each.

The above information is a part of company’s filings submitted to BSE.

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