Bajaj Holdings & Investment Limited has informed the Exchange that The Board of Directors of Bajaj Holdings & Investment Limited at its meeting held on 18 May 2018 has recommended a dividend at the rate of Rs. 40 per share (400%) of face value of Rs. 10 each on equity shares of the Company, for the financial year ended March 31, 2018 and the said dividend, if declared, by the shareholders at the ensuing annual general meeting, will be credited/dispatched on July 24, 2018 and/or July 25, 2018.