VISAKA INDUSTRIES LTD. - Board recommends Dividend

Visaka Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 05, 2017, inter alia, has recommended dividend of Rs. 6/- per share (i.e. 60%) on equity shares of Rs. 10/- each fully paid up for the year ended March 31, 2017, subject to the declaration of Shareholders in the ensuing Annual General Meeting of the Company scheduled to be held on June 20, 2017.