MARAL OVERSEAS LTD. - Outcome of Board Meeting

Maral Overseas Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 22, 2014, inter alia, have recommended Preference Dividend @ 8% i.e. Rs. 8/- per share on 18,44,500 CRPS of Rs. 100/- each amounting to Rs. 150.83 lacs and @ 3% i.e. Rs. 3/- per share on 12,00,000 CRPS of Rs. 100/- each amounting to Rs. 36.00 lacs for the financial year 2013-14 aggregating Rs. 186.83 lacs (exclusive of dividend distribution tax).<br/><br/>The Board of Directors has not recommended any dividend on equity shares.