JAMMU & KASHMIR BANK LTD. - Board recommends Dividend

Jammu & Kashmir Bank Ltd has informed BSE that the Board of Directors of the Bank at its meeting held on May 16, 2015, inter alia, have recommended 210% dividend (i.e. Rupees 02.10 per share) to the shareholders for the year 2014-15 subject to the approval of the shareholders at the ensuing Annual General Meeting of the Bank.