Maxwell Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 09, 2014, inter alia, has approved the following:<br/><br/>1. Recommend dividend of Rs. 5/- per share on 5% Redeemable Preference Shares of Rs. 100/- each for the financial year 2013-14, subject to approval by members at ensuing Annual General Meeting.<br/><br/>2. Recommendation of 0.20 paise (10% on face value of Rs. 2/- each) per share on Equity Shares for the financial year 2013-14, subject to approval by members at ensuing Annual General Meeting.
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