Corporate announcements

Tata Global Beverages Limited has informed the Exchange that the Board of Directors of the Company at its Meeting held on May 24, 2011 have recommended a dividend of Rs. 2/- per equity share of Re. 1/- each, fully paid, in respect of the financial year 2010-11.

Emkay Global Financial Services Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 20, 2011 has recommended a dividend of Re.1/- per share for the financial year 2010-2011 subject to approval of shareholders.

Responsive Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 20, 2011 has recommended dividend of Re.0.10 per equity shares (i.e. 10%) for the financial year ended March 31, 2011, subject to the approval of shareholders in AGM.

Power Grid Corporation Of India Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 24, 2011 have approved the following: (1) Final Dividend recommended - 12.5% of Share Capital i.e., Re. 1.25 per share of Rs. 10/- each. This is in addition to interim dividend of 5% of Share Capital i.e. Re. 0.50 per share paid in February 2011.

Munjal Showa Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 20, 2011 has considered and recommended a dividend of Rs.2.50/- per Equity Share of Rs.2 each for the financial year 2010-11.

Bharat Forge Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 24, 2011 have recommended a Dividend of Rs. 3.50 per Equity Share (175%), subject to approval of shareholders.

Rane Brake Lining Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 23, 2011 have recommended to the shareholders a final dividend of Rs.2/- per equity share on the paid up equity capital of Rs.7,91,49,800 comprising of 79,14,980 equity shares of Rs.10/- each fully paid-up.

Dalmia Bharat Sugar And Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 23, 2011 have recommended dividend of Rs.0.25 per share (12.5%) for the financial year ended March 31, 2011.

Dhunseri Investments Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 23, 2011 have recommended Dividend @ Rs.1.25 per share (previous year Re.1/-) subject to the approval of the Shareholders at the forthcoming Annual General Meeting.

Bannari Amman Spinning Mills Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 23, 2011 have recommended a Dividend of Rs.2.00 per share (20% on Equity Share Capital of the company) for the financial year 2010-11 subject to approval of the shareholders at the ensuing Annual General Meeting.

Sambandam Spinning Mills Limited has informed the Exchange that the Board of Directors of the company at their meeting held on 23rd May 2011 have approved the financial results, reviewed by the Audit Committee, for the quarter/year ended 31st March 2011 and recommended a final dividend of Rs.2 per equity share of Rs.10/- each, subject to approval of bank, in addition to the interim dividend of Rs.2/- per equity share of Rs.10/- each declared on 29th January 2011. (Source MSE)

Bannari Amman Sugars Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 23, 2011 have recommended a dividend of Rs.10/- each for the year ended March 31, 2011.

Alkali Metals Limited has informed the Exchange that the Board of Directors at their meeting held on May 23, 2011 recommended the dividend of Rs.2/- per share for the year ended March 31, 2011.

Smartlink Network Systems Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 23, 2011 has subject to approvals of shareholders, recommended a Dividend of Rs.2/- per equity share of face value of Rs.2/- each (i.e. 100%) for the financial year 2010-11. Further the Board of Directors has declared a Special Interim Dividend of Rs.30/- per equity share of face value of Rs.2/- each (i.e.1500%).

Jb Chemicals & Pharmaceuticals Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 23, 2011 have recommended dividend @ Rs. 2.00 (100%) per equity share of face value of Rs.2/-, for the financial year ended 2010-11. This together with dividend tax would absorb Rs. 1,966.23 lacs. The dividend if declared, will be paid/ despatched on August 3, 2011.

Balaji Telefilms Limited has informed the Exchange that at the meeting of the Board of Directors of the Company held on May 23, 2011, the Board has recommended a final dividend of Rs.0.20 per share (10% on par value of Rs.2 per share) for the fiscal year ended March 31, 2011, amounting to Rs.130.42 lakhs.

Texmaco Rail & Engineering Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 23, 2011 has recommended a Dividend of 100% i.e. Re.1/- per Equity Share of Re.1/- each.

Himadri Chemicals And Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 23, 2011 has recommended a dividend of Rs.0.10 per equity share of Rs.1/- each, i.e. 10% for the Financial Year ended March 31, 2011, subject to approval of members at the annual general meeting.

Texmaco Limited has informed the Exchange that the Board of Directors at its Meeting held on May 23, 2011 has recommended a Dividend of 10% i.e. Re.0.10 per Equity Share of Re. 1/- each.

Everonn Education Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 23, 2011 has Recommended Final Dividend of Rs.2.50/- per Equity Share on the face value of Rs. 10/- each (25%) for the year ended March 31, 2011, subject to approval of the members at the ensuing Annual General Meeting.

Hotel Leela Venture Limited has informed the Exchange that the Board of Directors of the Company at its Meeting held on May 23, 2011 has recommended dividend of 15 Paise per Equity Share having face value of Rs. 2/- each for the financial year ended March 31, 2011, subject to approval by the Members at the forthcoming Annual General Meeting of the Company.

Vinati Organics Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 21, 2011 has recommended a dividend of 65% on the share capital of the company i.e. Rs.1.30 per equity share of face value of Rs.2/- each for the year ended March 31, 2011, subject to approval by the shareholders of the company in ensuing Annual General Meeting.

Adhunik Metaliks Limited has informed the Exchange that the Board of Directors at their meeting held on May 20, 2011 recommended a dividend of Rs.1.50 per equity share,i.e 15% for the year ended March 31, 2011.

The Lakshmi Mills Company Limited has informed the Exchange that the Board of Directors at their meeting held on 20.05.2011 approved the audited results for the year ended 31st March 2011 and recommended a dividend of Rs.9/- per equity share of Rs.100/- each for the year 2010-2011. (Source MSE)

Tanfac Industries Limited has informed the Exchange that the Board of Directors of the company at their meeting held on 21st May 2011 approved the audited financial results for the year ended 31st March 2011 and recommended payment of dividend at 5% on Equity shares (Re.0.50 per share). (Source MSE)

The Karnataka Bank Limited has informed the Exchange that the Board of Directors of the Bank at its meeting held on May 23, 2011 has recommended dividend @ Rs. 3/- per share for the year ended March 31, 2011.

Dpsc Limited has informed the Exchange that the Board of Directors at its Meeting held on May 23, 2011 approved the prosposal for recommendation of dividend @10% i.e. Rs 1/- per share, subject to the approval of Members of the Company at the ensuing Annual General Meeting of the Company.

India Glycols Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 20, 2011 have recommended a dividend of Re.1.50 per equity share of Rs.10 totalling to Rs.418.24 lacs subject to approval in Annual General Meeting.

Tata Chemicals Limited has informed the Exchange that the Board of Directors of the Company at its Meeting held on May 23, 2011 have approved payment of dividend at Rs. 10.00 per share of face value of Rs. 10/- each (previous year Rs. 9.00 per share) and such dividend, if approved by the Members at the Annual General Meeting to be held on August 09, 2011, will be paid on or after August 10, 2011.

Lakshmi Machine Works Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 20, 2011 have recommended dividend of Rs. 30/- per equity share of Rs. 10/- each (300%) for the financial year ended March 31, 2011.

Icsa (India) Limited has informed the Exchange that the Board of Directors at their meeting held on May 20, 2010 have recommended for declaration of Dividend @ Rs.1.80 per every equity share of Rs.2/- each, subject to the approval of shareholders in the ensuing AGM.

Gail (India) Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 23, 2011, inter alia, have recommended the payment of final dividend @ 55% (Rs. 5.5/- per share) on the paid-up equity share capital of the Company for the FY 2010-11, subject to approval of shareholders in the ensuing Annual General Meeting.

Bajaj Electricals Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 23, 2011 has recommended the dividend for FY 2010-11 at 140% i.e. Rs. 2.80 per share on 9,88,44,807 equity shares of Rs. 2 each.

Tantia Constructions Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 20, 2011 have recommended dividend of Rs.2.50 per Equity Share for the year ended March 31, 2011 on the Equity Share Capital of the Company, subject to approval of the members.

Excel Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 20, 2011 have recommended a dividend of 75% amounting to Rs.3.75 per equity share of Rs.5/- each, including a special dividend of 25% (Rs 1.25 per equity share) on the occassion of 50th year.

Rohit Ferro-Tech Limited has informed the Exchange that the Board of Directors, in their meeting held on May 20, 2011, have recommended a payment of dividend of Re.0.50 per share i.e. 5% on the Equity Share Capital of the Company for the financial year 2010-11.

Bharat Heavy Electricals Limited has informed the Exchange that the Board at its meeting held on May 23, 2011, have recommended Final Dividend @ 179% (Rs.17.90 per share) on the Paid-up share capital of the Company for the year 2010-11.

Nilkamal Limited has informed the Exchange that the board of Directors of the Company at its meeting held on May 20, 2011 have recommended a dividend of Rs. 4/- (40%) per share having face value of Rs. 10/- each for the Financial Year ended March 31, 2011 on its total paid-up Equity Share Capital of Rs. 14,92,25,250/- which shall paid/ dispatched on or after the fifth day from the conclusion of the Annual General Meeting of the Company, subject to the approval of the shareholders at the ensuing Annual General meeting.

Balkrishna Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 20, 2011 has recommended Payment of Dividend of Rs.1.40/- per share (70%) on the Equity Shares of Rs. 2/- each (face value), for the year ended March 31, 2011, subject to the approval of the Shareholders of the Company.

Agc Networks Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 21, 2011 has recommended payment of dividend of Rs.2.25 per share on 1,42,33,232 Equity Shares of Rs.10/- each for the year ended March 31, 2011, subject to the sanction of the shareholders in the ensuing Annual General Meeting.

Rei Agro Limited has informed the Exchange that the Board of Directors at their meeting held on May 21, 2011 has: (1) Recommended a final dividend of Rs. 0.20 per equity share (i.e. 20%) of Rs.1/- each for the financial year ended March 31, 2011, subject to approval of the members of the Company in ensuing Annual General Meeting. This is in addition to an interim dividend of 10% of equity shares capital i.e. Rs.0.10 per share. (2) Recommended dividend of Rs.4/- each (i.e. 4%) on the preference shares having face value of Rs.100 each.

Rico Auto Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 21, 2011 has recommended a dividend @ Re.0.20 (20%) per Equity Share of Rupee One each for the financial year ended March 31, 2011.

Siyaram Silk Mills Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 21, 2011 has recommended Dividend of 70% i.e Rs.7/- per Equity Share of Rs.10/- each .

Godawari Power And Ispat Limited has informed the Exchange that the Board of Directors of the company at its meeting held on May 22, 2011 has recommended Final Dividend @ Rs.2.50 per share (i.e.25%) for the year 2010-11.

Kei Industries Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on May 21, 2011 recommended dividend of Re.0.20 per share (i.e.10%) on the equity shares of face value of Rs.2/-, for the year ended March 31, 2011, subject to approval of the shareholders in the ensuing Annual General Meeting.

Moil Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 20, 2011 has recommended Final Dividend of Rs.4.50 per Equity Share of face value of Rs.10/- each, for the financial year ending on March 31, 2011.

Astral Poly Technik Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on May 20, 2011 has recommended final dividend at the rate of Rs.0.625 per equity share of Rs.5/- each.

Divi'S Laboratories Limited has informed the Exchange that the Board of Directors at its meeting held on May 20, 2011 has recommended a dividend of 500% i.e. Rs. 10/- per equity share of Rs. 2/- face value for the year ended March 31, 2011.

Sarda Energy & Minerals Limited has informed the Exchange that the Board of Directors at its Meeting held on May 21, 2011 has recommended a dividend of Rs. 3/- (30%) per share for the financial year ended March 31, 2011.

Hsil Limited has informed the Exchange that the dividend of Rs. 2.50/- (125%) on the equity shares of Rs. 2/-each, if declared by the shareholders at the Annual General Meeting of the Company, scheduled to be held on September 19, 2011, will be credited / dispatched on September 26, 2011.