MUNJAL AUTO INDUSTRIES LTD. - Board recommends Dividend (Code of Conduct of Fair Disclosure)

Munjal Auto Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 29, 2015, inter alia, has transacted the following :<BR><BR>1. The Board of Directors has recommended 125% Dividend (Rs. 2.50 per Share) on the face value of Rs. 2/- each for the FY 2014-15 subject to approval of Shareholders in ensuing Annual General Meeting.<BR><BR>2. The Board approved / ratified Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information ("the Code") and Code of Conduct to regulate, monitor and report trading by insiders pursuant to compliance with Regulation 8 and 9 Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 (PIT Regulation 2015) effective from May 15, 2015.