SWISS GLASCOAT EQUIPMENTS LTD. - Updates on Board recommends Dividend

With reference to earlier letter dated May 30, 2015 regarding Outcome of Board Meeting held on May 30, 2015, Swiss Glascoat Equipments Ltd has now informed BSE that the Board of Directors of the Company have recommended Dividend by the Board @ 27% (Rs. 2.70) per equity share of Rs. 10 each for the year 2014-15, subject to the approval of the shareholders in the forthcoming 24th Annual General Meeting of the Company.