J. L. Morison (India) Limited announced that the Board of Directors of the company at its meeting held on May 20, 2015, recommended the payment of dividend on Equity Shares at the rate of INR 1 per share that is 10% of the paid up Equity Share capital of company for the year ended March 31, 2015, subject To Approve the shareholders in the forthcoming Annual General Meeting of the company.

The Board also appointed Mr. Chakrapani Misra as an Additional (Independent) Director of the company for a period of five years, effective May 20, 2015, subject To Approve the shareholders of the company.