With reference to the earlier announcement regarding Financial Results for March 31, 2013, Modern India Ltd has now informed BSE that Note No. 7 should be read as under :
'The Board of Directors has recommended a dividend of 25% i.e. 'Rs. 0.50' per Equity Shares of the face value of Rs. 2/- each for the year 2012-13 subject to approval of members in the ensuing Annual General Meeting. Total outgo on account of this including Dividend Distribution Tax is Rs. 218.17 Lacs.'
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