Mahindra Lifespace Developers Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 23, 2011, inter alia, have recommended dividend as under:
1. Confirmation of the interim dividend paid on 10.5% - 10,00,000 Non-Cumulative Redeemable Preference Share of Rs. 100 each for the period April 01, 2010 to March 22, 2011 (i.e. upto the date of redemption) as final dividend.
2. Rs. 5/- (Rupees Five only) per equity share of Rs. 10 each (i.e. 50%) on 40,835,150 Equity Shares.
Sensex
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Sunday, April 24, 2011
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