Jullundur Motor Agency (Delhi) Limited has a track record of declaration of dividend. The Board of Directors has recommended, for the financial year 2019-20, a dividend of INR 1 per share (i.e. 50% per equity share) per equity share of INR 2 per share each on the paid up equity share capital of INR 59,36,100/- amounting to INR 29,818,050/-. Considering the dividend is now subject to Tax Deduction at Source therefore the Board has recommended a higher dividend rate @ 50% (previous year @ 40%). The dividend payment is subject To Approve the members at Annual General Meeting will be held on September 28, 2020, which will be paid, if declared, to the shareholders within 30 days from the date of declaration.