Mahindra Holidays & Resorts India Limited announced that at its board meeting held on May 8, 2018 recommended dividend of INR 4 per equity share of INR 10 each for the financial year ended March 31, 2018. The dividend on Equity Shares, if declared at the upcoming AGM, will be credited/dispatched on or after August 3, 2018, to those members whose names appear on the company's Register of Members and to the beneficial owners as per the particulars to be furnished by the Depositories as on the closure of the business hours on July 26, 2018.