Lloyd Electric & Engineering Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 28, 2015, inter alia, has recommended Dividend of Rs. 1.3 per equity Share of face value of Rs. 10 each (13% of the total paid up capital of the Company) for the financial year 2014-15 subject to the approval of the shareholders In the ensuing Annual General Meeting of the Company.