Madhucon Projects Ltd. announced that at its board meeting held on August 11, 2017 approved and recommended dividend of 10% (INR 0.10 per equity share of INR 1 each) for the financial year ended March 31, 2017 to the shareholders at the upcoming Annual General Meeting to be held on September 29, 2017.

The company also accepted the resignation of Bh. Sai Viswanath a Company Secretary and Compliance Officer of the company.