Nicco Parks & Resorts Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 16, 2015, has proposed and recommended a dividend at the rate of 15% (Rs. 0.15 per share) on the face value of the equity shares (Rs. 1/- face value) for the financial year ended on March 31, 2015.<BR><BR>On the eve of the 25th year of the operations of the amusement park, the Directors have in addition to the dividend as aforesaid, proposed and recommended a one time 'Silver Anniversary Special Dividend' at the rate of 15% (Rs. 0.15 per share) on the face value of the equity shares (Rs. 1/- face value) for the financial year ended on March 31, 2015. The Company is expecting to pay the dividend to the shareholders on or before August 31, 2015.
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