HB PORTFOLIO LTD. - Board recommends Dividend

HB Portfolio Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 26, 2016, inter alia, has transacted the following:<BR><BR>- The Board of Directors, while appropriating the profits for the financial year ended March 31, 2016 have recommended dividend at the rate of Rs. 0.50 per Equity Share (i.e. 5%) for the financial year ended March 31, 2016. The dividend, if declared at the ensuing Annual General Meeting will be paid / dispatched within thirty days thereof.