Corporate announcements

Great Offshore Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 25, 2012 has recommended a Dividend of Rs.2.50 per equity share of Rs.10 each (i.e. @25% ), on its paid up equity share capital, subject to approval of members at the forthcoming Annual General Meeting.

Kalyani Forge Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 25, 2012 has recommended a final dividend of Rs.2.5 Per Equity Share of Rs. 10 each (25%).

Centum Electronics Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 25, 2012 have recommended a dividend of Re.1/- (Rupee one only) per equity share on the paid-up share capital of the Company. Further the dividend payment shall be made on August 29, 2012, subject to the approval of the shareholders.

Moil Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 25, 2012 has recommended Dividend of Rs.3 per Equity share of face value of Rs.10 each, for the Financial Year ended on March 31, 2012.

Gujarat Mineral Development Corporation Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 25, 2012 has recommended a dividend of Rs.3/- per share (150%) for the financial year 2011-12.

Bannari Amman Sugars Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 25, 2012 have recommended payment of Dividend of Rs.10/= per equity share for the year ended March 31, 2012.

Redington (India) Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 25, 2012 have recommended Rs.0.40 per equity Share of Rs.2/- each (i.e.20%) on the paid up share capital of the Company as dividend for the financial year ended March 31, 2012. The dividend shall be paid/dispatched on or before August 29, 2012.

Indian Card Clothing Company Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 25, 2012 has recommended dividend of 35 percent (Rs.3.50/- per share of Rs.10 each) to be paid within 30 days from the date of Annual General Meeting.

Db (International) Stock Brokers Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 25, 2012 has recommended dividend of Rs.0.30 per equity share held.

Glodyne Technoserve Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on May 25, 2012 has inter alia: (1) Recommended for the approval of shareholders dividend of Rs.4.6 per Equity Share of face value of Rs.6/- each of the Company (i.e. 76.67%), subject to the approvals of the shareholders, financial institutions and such other authority as may be required.

Excel Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 25, 2012 have recommended to the members a dividend at 40% i.e. Rs.2/- per equity share on 109,05,630 equity share of Rs.5/- each.

Jyoti Structures Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 25, 2012 has decided to recommend Dividend of Rs.1.10 (previous year Rs.1.50 including a Special Dividend of Re.0.40) per Equity share of Rs.2 each for the year ended March 31, 2012.

Dpsc Limited has informed the Exchange that the Board of Directors at its Meeting held on May 25, 2012 have recommended dividend of Re 0.05/- (i.e. 5%) per equity share of Re. 1/- each, subject to the approval of Members of the Company at the ensuing Annual General Meeting of the Company.

Panasonic Carbon India Company Limited has informed the Exchange that a Dividend of 70% (Rs. 7/- per share) has been recommended by the Board of Directors of the Company, at their meeting held on 25th May 2012, (Source MSE)

Itc Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 25, 2012 has recommended a dividend of Rs. 4.50 per Ordinary Share of Rs.1/- each for the financial year ended March 31, 2012 and the dividend, if declared, at the Annual General Meeting of the Company convened on July 27, 2012 will be paid on July 30, 2012.

Sml Isuzu Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 25, 2012 has recommended dividend of 80% (Rs. 8 per share) for the financial year 2011-12.

Sun Tv Network Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 25, 2012 has recommended a Final Dividend of Rs. 0.75/- per equity share of face value of Rs. 5.00/- each (15%). This Final Dividend together with the Interim Dividend of Rs. 8.75/- per equity share of face value of Rs. 5.00/- each (175%) would result in a total dividend of Rs. 9.50 per equity share of face value of Rs. 5.00/- each (190%) for the financial year ended March 31, 2012.

Solar Industries India Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 25, 2012 has recommended the Final Dividend of 50% i.e. Rs.5 per share on equity share of Rs.10 each subject to the approval of shareholders at the ensuing Annual General Meeting.

Shivam Autotech Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 25, 2012 inter alia has considered and recommended a dividend @ 32% i.e. Rs.3.20 per equity share of Rs.10/- each for the Financial Year 2011-2012, subject to the approval of shareholders at the ensuing Annual General Meeting.

Va Tech Wabag Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 24, 2012 have recommended a dividend of Rs.6/- (Rupees Six only) per Equity Share of the face value of Rs.2/- each (i.e. 300%) on the paid up equity capital of the Company.

Bank Of Baroda has informed the Exchange that July 09, 2012, shall be the date on and from which the Dividend for the FY 2011-12 on fully paid equity shares of the Bank will be payable, if any.

Karur Vysya Bank Limited has informed the Exchange that the Board of Directors of the Bank at its meeting held on May 25, 2012 has recommended dividend at the rate of 140% i.e., Rs.14/- per share on the face value of Rs.10/- each for the financial year ended March 31, 2012 subject to the approval of the shareholders at the ensuing Annual General Meeting of the Bank.

Vinyl Chemicals (India) Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 23, 2012 subject to the approval of the Shareholders at the Annual General Meeting, recommended payment of dividend of Rs.0.60 per Equity Share of Rs.1 each for the financial year 2011-12.

Jm Financial Limited has informed the Exchange that the dividend, if declared by the members at the ensuing Annual General Meeting will be dispatched / remitted on and from August 16, 2012.

Nhpc Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 25, 2012 have recommended a final dividend @ 7% (Rs.0.70 per equity share) on the paid up share capital of the Company, for the financial year 2011-12. Final Dividend, if approved and declared by the Annual General Meeting, shall be paid / dispatched within stipulated period in the Companies Act, 1956.

Bharat Petroleum Corporation Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 25, 2012 have recommended Dividend @ Rs.11/- per equity share of face value Rs.10/- each for the year 2011-12.

Reliance Infrastructure Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 25, 2012 has recommend a Dividend of Rs.7.30 per share on fully paid up equity shares of Rs.10 each. The dividend, if approved by the shareholders will be paid on the equity share capital of Rs.262.99 crore.

Gujarat Fluorochemicals Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 25, 2012 has recommended a final dividend @ Rs 1.50 (150%) per equity share subject to the approval of the shareholders at the forthcoming Annual General Meeting of the Company.

Sundaram Brake Linings Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 23, 2012 have recommended a Dividend of Rs.3/- per equity share of Rs.10/- each for the year ended March 31, 2012 subject to approval by the members of the Company at the forthcoming Annual General Meeting.

Wabco India Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 23, 2012 have recommended a dividend of Rs.5.00 per share, i.e. 100% for the year ended March 31, 2012, absorbing a sum of Rs.1102.23 lakhs (inclusive of dividend distribution tax) for approval of the shareholders of the Company in the ensuing annual general meeting. The payment of the said dividend upon approval by the shareholders at the ensuing Annual General Meeting will be made to the shareholders on or July 31, 2012.

Tech Mahindra Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 23, 2012 has recommended dividend of Rs. 4/- per Equity Share on Face Value of Rs. 10/- each (40%), for the financial year ended March 31, 2012, subject to approval by the members of the Company at the forthcoming Annual General Meeting.

Kirloskar Brothers Investments Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 24, 2012 has recommended a Dividend of Rs.4/- (40%) per equity share of Rs.10/- each for the financial year 2011-12, subject to the approval of the Members at the ensuing Annual General Meeting. The dividend, if approved by the shareholders, shall be paid on or before August 06, 2012.

Honda Siel Power Products Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 23, 2012 have recommended a dividend of Rs.9/- per Equity Share of the Company for the year ended March 31, 2012.

Shanthi Gears Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 25, 2012 have recommended a Dividend of Re.1 per equity share of Re.1 each (100%) subject to approval of Shareholders.

Hira Ferro Alloys Limited has informed the Exchange that the Board of Directors in their meeting held on 22nd May, 2012 have declared a final dividend of Re. 0.60 paise i.e.(6%) for the Financial Year 2012-12 on the enhanced share capital of the company. (Source MPSE)

Gujarat State Petronet Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 24, 2012 recommended a dividend of Re.1/- per share of Rs.10/- each (i.e.@10%) for the financial year 2011-12.

Man Industries (India) Limited has informed the Exchange that the Board of Directors of the Company at their Meeting held on May 24, 2012 has considered and approved the payment of final dividend of 40% i.e. Rs.2/- per equity share of Rs.5/- each for financial year ended on March 31, 2012, subject to the approval of shareholders at the ensuing Annual General Meeting and any other approvals, if necessary, in this regard.

Tecpro Systems Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 24, 2012 have recommended a dividend of Rs.3/- per equity share of Rs.10/- each for the financial year ending on March 31, 2012 subject to the approval of shareholders in the ensuing Annual General Meeting.

Jai Corp Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 24, 2012 has recommended : (1) A dividend of Re.0.01 per share on 99,99,900 preference shares of face value of Re.1/- each for the financial year 2011-12; (2) A dividend of Re.0.50 per share in 4,81,67,010 equity shares of face value Re.1/- each. The promoters have Irrevocably waived their entitlement to dividend on 13,02,82,400 equity shares held by them for the financial year 2011-12. No dividend has been declared on 44,600 equity shares forfeited but not cancelled.

The Sandesh Limited has informed the Exchange that the Board of Directors of the Company in their meeting held on May 24, 2012 have considered and passed the resolution with respect to the recommendation of Dividend @ 35% (Rs.3.50 per share) on Paid-up Equity Share Capital of the Company subject to approval of the Members in the ensuing Annual General Meeting of the Company.

Pidilite Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 24, 2012 has recommended a Dividend of Rs.1.90 per Equity Share of Re.1/- each (previous year Rs.1.75 per Equity Share of Re.1/- each). The dividend will be free of tax in the hands of the shareholders. Further, the Company has informed that, subject to the approval of the shareholders at the Annual General Meeting to be held on July 24, 2012 the above dividend will be paid to the shareholders within a period of 30 days from the date of the Annual General Meeting.

Renaissance Jewellery Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 24, 2012 have recommended a dividend @ 15% (i.e. Rs.1.50 per Equity Share of Rs.10/- each) for the Financial Year ending March 31, 2012, subject to the approval of the shareholders at the AGM.

Jm Financial Limited has informed the Exchange that the Board of Directors of the Company at its Meeting held on May 24, 2012 have recommended a dividend of Rs.0.60 per share for the year ended March 31, 2012.

Rainbow Papers Limited has informed the Exchange that the Board of Directors at their meeting held on May 24, 2012 have recommended a dividend of Rs. 0.40 per equity share of face value of Rs. 2/- per share, which is similar to the dividend declared in the last financial year.

Responsive Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 24, 2012 has recommended dividend of Re.0.10 per equity share (i.e.10%) for the financial year ended March 31, 2012 subject to approval of shareholders in ensuing Annual General Meeting.

Voltas Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 24, 2012 have recommended Dividend of Rs.1.60 per share on face value of Re.1 per share (160%) for the year 2011-12.

Shasun Pharmaceuticals Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 24, 2012 has recommended a final dividend of 20% (Rs. 0.40ps per share) on the equity shares of face value of Rs. 2/- each, subject to Shareholders approval at ensuing Annual General Meeting.

Ramco Industries Limited has informed the Exchange that the Board of Directors at its meeting held on May 24, 2012 has recommended a Final Dividend of Rs.0.20 per Equity Share of Re.1/- each fully paid-up. Together with the Interim Dividend of Re.0.90 per Equity Share, paid already during the Financial Year 2011-12, the Total Dividend for the year ended March 31, 2012 is Re.1.10 per Equity Share of Re.1/- each. (Total Dividend for the whole F.Y 2010-11 was Re.0.90 per Eq. Share of Re.1/- each).

Sonata Software Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 24, 2012 has recommended a Final Dividend of Rs. 0.25/- per share (25% on face value of Rs. 1/-) subject to the approval of the shareholders. This along with the Interim Dividend of Rs. 0.50/- per share raises the total dividend for the year to Rs. 0.75/- per share.

Tvs Motor Company Limited has informed the Exchange that the Board of Director of the Company at its meeting held on May 24, 2012 has declared a second interim dividend of Re.0.70 per share (70%) for the year ended March 31, 2012. The dividend will be paid to the shareholders on or after June 12, 2012.