Corporate announcements

Karur Vysya Bank Limited has informed the Exchange that the Board of Directors of the Bank at its meeting held on May 20, 2011 have recommended dividend at the rate of 120% i.e., Rs.12/- per share on the face value of Rs.10/- each for the financial year ended March 31, 2011 subject to the approval of the shareholders at the ensuing Annual general meeting of the Bank. The rights shares issued during the year shall rank for dividend on pro rata basis to the extent of capital paid up on them as on Book closure / record date for payment of dividend.

Rane (Madras) Limited has informed the Exchange that the Board of Director of the Company in its meeting held on May 20, 2011 has recommended to the shareholders a final dividend of Rs.2.50/- Per Share on the paid-up equity capital of Rs. 101,641,450 comprising of 10,164,145 equity shares of Rs. 10/- each fully paid-up.

Itc Limited has informed the Exchange that the Board of Directors at its meeting held on May 20, 2011 has recommended a special dividend of Rs. 1.65 per Ordinary Share of Re. 1/- each and a dividend of Rs. 2.80 per Ordinary Share of Re.1/- each for the financial year ended March 31, 2011 and the dividend, if declared, will be paid on August 01, 2011.

Irb Infrastructure Developers Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 20, 2011 has approved the following : For the financial year 2010-11, the Board of Directors of the Company has recommended dividend of Rs.1.50 (15%) per equity share of face value of Rs.10/- each. The Dividend will be paid to those eligible shareholders as per the Book-Closure that may be kept for this purpose, subject to the approval of the members of the company at the Annual General Meeting of the Company for the financial year 2010-11.

Mangalore Refinery And Petrochemicals 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.1.20 per Equity Share on par value of Rs. 10 per Equity Share (12%) and Rs. 0.001 per preference share of Rs.10 each (0.01%) for the Financial Year ended March 31, 2011.

Emami Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 19, 2011 has proposed Dividend of Rs.3.50 per share, i.e. 350% on the share capital of the Company.

Honda Siel Power Products Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 19, 2011 has recommended a dividend of Rs.7.50 per share excluding dividend distribution tax.

Pratibha Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 19, 2011, subject to the approval of shareholders, have recommended Final Dividend of Rs. 0.40 per share of Rs. 2 each (20%) for the financial year ended March 31, 2011, in addition to Interim dividend of Rs. 0.20 per share paid on March 04, 2011, the aggregate dividend for the financial year ended March 31, 2011 works out to Rs. 0.60 (i.e. 30%) per share Rs. 2 each.

Dolphin Offshore Enterprises (India) Limited has informed the Exchange that the Board of Directors of the Company at its Meeting held on May 20, 2011 has recommended, subject to the approval of shareholders a dividend of Rs. 1.50 per equity share of Rs. 10/- each resulting in an outflow of Rs. 251.59 lacs.

The Sandesh Limited has informed the Exchange that the Board of Directors of the Company in their meeting held on May 19, 2011 have considered and passed the resolution with respect to the declaration of Final Dividend @ 40% (Rs.4.00 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.

Blue Star Infotech Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 19, 2011 have proposed a dividend of Rs.3/- per Equity Share of Rs.10 each.

Voltas Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 19, 2011 have recommended Dividend of Rs. 2 per share on face value of Re. 1 per share (200%) for the year 2010-11.

Pidilite Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 19, 2011 has recommended payment of Dividend of Rs.1.75 per Equity share of Re.1/- each for the financial year 2010-11, subject to the approval of the shareholders at the Annual General Meeting.

20 Microns Limited has informed the Exchange that the Board of Directors at its meeting held on May 19, 2011 have recommended dividend @ 15% i.e. Rs. 1.50=00 per Equity Share of Rs. 10/- each, subject to approval of the Shareholders in the ensuing Annual General Meeting.

Kovai Medical Center & Hospital Limited has informed the Exchange that the Board of Directors of the Company, at its meeting held on 18th May 2011, has approved (i) the Audited Financial Results of the Company for the year ended 31st March 2011 and (ii) recommended the payment of dividend @12.5% on the equity shares of the Company (Rs.1.25 per share), subject to the approval of the shareholders in the ensuing Annual General Meeting. (Source MSE)

Solar Industries India Limited has informed the Exchange that the Board of Directors at its meeting held on May 19, 2010 has approved the Final Dividend of 40% i.e. Rs. 4 per share on equity share of Rs. 10/- each subject to the approval of the Shareholders at the ensuing Annual General Meeting.

Redington (India) Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 19, 2011 have recommended Rs.1.10 per equity share of Rs.2/- each (i.e. 55%) on the paid up share capital of the Company as dividend for the financial year ended March 31, 2011.

Heritage Foods (India) Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 19, 2011 have recommended dividend for the Finanical Year 2010-11 @ 12% (Rs.1.20 per share) of the face value of Rs.10/- each.

Tata Power Company Limited has informed the Exchange that the Board of Directors at its meeting held on May 19, 2011 have recommended a dividend of Rs. 12.50/- per Equity Share of Rs. 10 each (@ 125%) to the shareholders for the year ended March 31, 2011.

Zicom Electronic Security Systems Limited has informed the Exchange that the dividend, if declared, by the Members at the ensuing Annual General Meeting, scheduled to be held on August 26, 2011 will be paid / dispatched on September 14, 2011.

Zicom Electronic Security Systems Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 19, 2011 has recommended Dividend of Rs.1/- per share (Rupee One Only ) (i.e.10%) on 1,26,99,829 Equity Shares having Face Value of Rs.10/- each, for the year ended March 31, 2011.

Ashok Leyland Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 19, 2011 has recommended a dividend of Rs.2/- per share of the face value of Re.1/- each (200%).

Srei Infrastructure Finance Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 19, 2011 have recommended dividend of Re. 0.75 (i.e. 7.5%) per Equity Share of Rs. 10/- each fully paid up of the Company.

Rane Engine Valve Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 19, 2011, has recommended to the shareholders a final dividend of Rs. 2/- per equity share on the paid up equity capital of Rs.5,15,09,920/- comprising of 51,50,992 equity shares of Rs. 10/- each fully paid-up.

Ocl India Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 19, 2011 have recommended dividend of Rs.4.00 per share (200%) for the Finanical Year ended March 31, 2011.

Larsen & Toubro Limited has informed the Exchange that the Board of Directors at its meeting held on May 19, 2011 have recommended a Dividend of Rs. 14.50/- per share (Previous year Rs. 12.50/- per share) and the Company will arrange to pay the same on August 30, 2011, if approved by the members in Annual General Meeting scheduled to be held on August 26, 2011.

Adf Foods Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 19, 2011 has recommended a dividend @ Rs.1.5/- per share subject to approval of the shareholders at the forthcoming Annual General Meeting.

Shiva Texyarn Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 19, 2011 have recommended a Dividend of Rs. 1.50/- per share to the Equity Share holders.

Lakshmi Vilas Bank Limited has informed the Exchange that the Board of Directors of the Bank at its meeting held on May 19, 2011 have resolved to recommend dividend @ 25% (Rs. 2.50/- paise per share) for the year 2010-2011 on the equity shares subject to approval of shareholders at the ensuing Annual General Meeting of the Bank.

D.B.Corp Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 18, 2011 have recommended a Final Dividend @ 20% (i.e. Rs.2/- per equity share of Rs.10/- each), and if approved by the shareholders at the forthcoming Annual General Meeting of the Company, the same will be paid / dispatched on July 26, 2011.

Bajaj Holdings & Investment Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 18, 2011 have recommended a dividend of Rs.35 per share (350%) subject to approval of shareholders.

Radico Khaitan Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 18, 2011 have recommended Equity Dividend of Rs.0.70 (35%) for the financial year ended March 31, 2011 per fully paid up Equity Share of Rs. 2/- each of the Company.

Orchid Chemicals & Pharmaceuticals Limited has informed the Exchange that the dividend on Equity shares, if approved by the Members at the ensuing Annual General Meeting, will be paid / dispatched between August 16, 2011 and August 18, 2011.

Hsil Limited has informed the Exchange that the Board of Directors at its Meeting held on May 18, 2011 have recommended a dividend of Rs. 2.50 on equity share of Rs. 2/- each i.e. @ 125%, subject to approval of shareholders at the ensuing Annual General Meeting.

Orchid Chemicals & Pharmaceuticals Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 18, 2011 has recommended a dividend of Rs.3/- per share on the equity share of Rs.10/- each.

Hercules Hoists Limited has informed the Exchange that the Board of Directors at their meeting held on May 17, 2011 have recommended dividend at the rate of Rs.3.00 per Equity Share of Re. 1.00 each fully paid-up, subject to the approval of the shareholders in the Annual General Meeting.

Eclerx Services Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 18, 2011 have recommended a final dividend of Rs.22.50/- per Equity Share of Rs.10/- each for the year 2010-11.

Bajaj Auto Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 18, 2011 have recommended a dividend of Rs.40 per share (400%) subject to approval of shareholders.

Prestige Estates Projects Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 17, 2011 has recommended a Dividend of Rs. 1.20/- per equity share.

Dcw Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 16, 2011, has recommended 18% i.e. Re 0.36 per equity share as Dividend for the financial year ended March 31, 2011.

La Opala Rg Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 14, 2011 have recommended a Dividend of Rs.1.50 Per Share (@ 15%) for the year ended March 31, 2011.

Sumeet Industries Limited has informed the Exchange that the the Board of Directors of the Company at its meeting held on May 11, 2011 has proposed to recommend 10% Dividend (Rs. 1/- per share on face value of Rs. 10/- each) for the year, subject to approval of the Shareholders in the Annual General Meeting of the Company.

Trident Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 16, 2011 have recommended, subject to the approval of shareholders, a dividend of Rs.1.20 per fully paid up equity share of Rs.10/- each.

Banswara Syntex Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 16, 2011 has recommended for payment of final dividend @ Rs.3.00 per equity shares for the financial year 2010-11.

Ht Media Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 17, 2011, have recommended a Dividend on Equity Shares of Rs. 2/- each @ Re. 0.36 per Equity Share (18%) for the year ended on March 31, 2011, for the approval of shareholders.

Petron Engineering Construction Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 17, 2011, has recommended Dividend of Rs. 2/- (20%) per Equity Share on 7538400 Equity Shares of Rs. 10/- each for the year ended March 31, 2011 for declaration at the Annual General Meeting, absorbing a sum of Rs. 1,50,76,800/- towards Dividend and Rs. 24,45,834/- towards Corporate Dividend Tax aggregating to Rs. 1,75,22,634/-.

Til Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 17, 2011 have recommended Dividend @ Rs.6/- each on Equity Shares (Face Value of Rs.10/- each) for the Financial year ended March 31, 2011.

Grindwell Norton Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 17, 2011 has recommended a dividend of Rs.6/- per share.

Sterling Tools Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 17, 2011 has recommended final dividend @ 50% i.e. Rs. 5/- per equity share for the Financial Year 2010-2011.

Bajaj Finserv Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 17, 2011 have recommended a dividend of Rs.1.25 per share (25%) subject to approval of shareholders.