Hindustan Media Ventures Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 14, 2015, inter-alia, decided to recommend for approval by members, payment of dividend @ Rs. 1.20 per equity share (12 %) of Rs.10/- each for the financial year ended on March 31, 2015. The dividend, subject to the approval of the shareholders in the ensuing Annual General Meeting, will be paid on or after the date of the said meeting.<BR><BR>As per the requirements of CIR/ISD/01/2015 dated May 11, 2015, the Board of Directors at their above meeting have adopted the 'Code of Conduct to Regulate, Monitor and Report Trading by Insiders' and 'Code of Fair Disclosures' framed in terms of the SEBI (Prohibition of Insider Trading) Regulations, 2015.
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