MUNJAL SHOWA LTD. - Board recommends Dividend

Munjal Showa Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 23, 2014, inter alia, have considered and recommended a dividend of Rs. 3.50/- per equity share of Rs. 2/- each for the year ended March 31, 2014 and will become payable subject to the approval of shareholders.