L&T Mutual Fund has fixed 9 May 2012 as the record date for determining the list of beneficial owners/unit holders and their eligibility to receive dividend under the dividend payout option of L&T FMP-III (April 370D A). The quantum of dividend will be 100% of distributable surplus as on the record date on the face value of Rs 10 per unit.
The scheme would mature on 9 May 2012 and accordingly, units shall be suspended from trading on the NSE where the scheme is listed.