Century Textiles & Industries Ltd. has informed that the Board of Directors of the company at its meeting held on May 03, 2016, has recommended dividend of INR 5.50 per share for the year ended March 31, 2016 which will be paid out of General Reserve subject to approvals, if any. In the previous year the same amount was paid as dividend. The dividend when declared by the Company in General Meeting will be paid in accordance with the provisions of the relevant law for the time being in force.