Pricol Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 29, 2013, inter alia, has recommended a Dividend at Re. 0.40 per share of Re. 1 face value (40%) on the paid-up capital of Rs. 90 million (Previous year dividend 40% plus a special dividend of 40% from profit on sale of unit, aggregating to 80%).