Maxwell Industries Ltd. said its board approved a dividend of 15 percent or Re.0.30 per equity share of Rs.2 each for the fiscal year 2012.
The board also recommend dividend of Rs.5.00 per share on five percent Redeemable Preference Shares of Rs.100 each for the fiscal year 2012.
At the BSE, Max Industries shares are currently trading at Rs., up percent from the previous close.
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