Mahindra Holidays & Resorts India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 25, 2011, inter alia, have : 1. Recommended dividend of Rs. 4.00 (Rupees Four Only) per Equity Shares of Rs. 10/- each (i.e. 40%) on 8,42,29,772 Equity Shares. 2. Appointed Mr. Rajiv Sawhney as an Additional Director on the Board with immediate effect and also appointed him as the Managing Director of the Company w.e.f. May 01, 2011.
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