JMC Projects (India) Ltd. has announced that the Board of Directors of the company at its meeting held on May 16, 2017, has recommended payment of equity dividend of INR 1.50 per equity share of INR 10 each (equivalent to 15% on the paid-up equity capital) for the financial year 2016-17, subject to the approval of the members at the upcoming annual general meeting.

Ms. Anjali Seth, non-independent director of the company has resigned from the board of directors of the company, with immediate effect and the board has appointed Ms. Anjali Seth as an additional director in the category of Independent director for a period of 3 years with effect from May 17, 2017.