MPS Limited informed that the Board, at its meeting held on May 23, 2018, has recommended a Dividend of INR 12 per equity share of INR 10 each subject to the approval of the shareholders at the 48th Annual General Meeting of the company to be held on July 27, 2018. The said dividend shall be paid to the eligible shareholders within thirty (30) days from the date of approval of the shareholders at the upcoming Annual General Meeting of the company.