Modex International Securities Ltd. has announced that the Board of Directors of the company at its meeting held on July 14, 2016, have declared the payment of interim dividend of INR 0.6 only on each fully paid 3,000,000 no. of equity shares of INR 10 each of the company amounting to INR 1,800,000 be paid out of the profits of the company for the quarter ended June 30, 2016 for the financial year 2016-17.