KCP SUGAR & INDUSTRIES CORPORATION LTD. - Board recommends Dividend

KCP Sugar & Industries Corporation Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 26, 2016, inter alia, have recommended a dividend of Re. 0.25 per equity share of Face Value Re. 1/-. The outgo on account of this final dividend is Rs. 341.17 lakhs (including tax on dividend Rs. 57.71 lakhs), and if approved by the shareholders at the ensuing Twenty first Annual General Meeting, will be paid on or after September 21, 2016.