May 27 (Reuters) - Excel Industries Ltd EXCI.NS :
* Says board of directors have recommended a dividend of 90% amounting to rs.
4.50 per equity share
* Source text: Excel Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 27, 2016, has transacted the following: 1. The Board of Directors have recommended a dividend of 90% amounting to Rs. 4.50 per equity share of Rs. 5/- each (Previous Year: Rs. 7/- per share including interim dividend of Rs. 3/- per share).
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