Corporate announcements

Ramkrishna Forgings Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 12, 2011 has recommended a dividend of 20% i.e. Rs. 2/- per share for the year 2010-11.

Wabco-Tvs (India) Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 12, 2011 have recommended a dividend of Rs. 5.00 per share, i.e 100% for the year ended March 31, 2011, absorbing a sum of Rs.1,102.23 lakhs (inclusive of dividend distribution tax). This is subject to approval by the shareholders of the Company in the ensuing Annual General Meeting.

Hikal Limited has informed the Exchange that the interim dividend will be paid to the shareholders on June 08, 2011.

Hikal Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 12, 2011, inter alia, have transacted the following : (1) The Board has declared interim dividend on equity Share Capital @ 30%, Rs.3/- (Rupees Three only) per equity share, nominal value of Rs. 10/- each, for the financial year 2010-2011. (2) The Board has recommended Final Dividend on Equity Share Capital @ 60%, Rs.6/- (Rupees Six only) per equity shave, nominal value of Rs. 10/- each, including Interim Dividend of Rs. 3/- per share (Rupees Three only), 30%, for financial year 2010-1

Ajanta Pharma Limited has informed the Exchange that the date of payment of dividend on equity shares would be on or after July 01, 2011, subject to approval of the shareholders at the forthcoming Annual General Meeting.

Tulip Telecom Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 12, 2011 have recommended, subject to the approval of the shareholders of the Company in the ensuing Annual General Meeting, a final dividend of Rs. 1.6 per share (80% of the face value of shares of Rs. 2 each).

Hinduja Global Solutions Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 12, 2011 has recommended a Dividend of Rs.20/- per share (200% on the par value of Rs.10/- per share) for the year ended March 31, 2011.

Lupin Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 12, 2011 has recommended dividend @150% i.e. Rs.3/- per equity share of the face value of Rs.2/- each for the year ended March 31, 2011.

Deepak Fertilizers And Petrochemicals Corporation Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 11, 2011, has recommended dividend of 50% i.e. Rs. 5.00 (Previous Year Rs. 4.50) per share on Equity Shares (face value of Rs. 10/- each) of the Company for the year ended March 31, 2011.

Electrosteel Castings Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 12, 2011 have recommended a dividend of Rs.1.25 per share (i.e.125%), subject to approval of shareholders.

Akzo Nobel India Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 11, 2011, has recommended a dividend of Rs 18.00 per share for the year ended March 31, 2011 (previous year: Rs. 16.00 per share). The dividend will be paid after the approval of the shareholders at the forthcoming Annual General Meeting.

Syndicate Bank has informed the Exchange that the Board of Directors of the Bank at its meeting held on May 12, 2011 has recommended a Dividend of Rs. 3.70 per share (37%) for the year 2010-2011, subject to approval of shareholders at the Annual General Meeting.

Adani Enterprises Limited has informed the Exchange that the Board of Directors of the Company at its Meeting held on May 12, 2011 has recommended the dividend at Re.1/- per share i.e. 100% (Previous year Re.1/- per share - 100%) on Equity Shares of Re.1/- each of the Company.

Sil Investments Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 11, 2011 have recommended a dividend of Re. 1/- per share (previous year Re.1/- per share) on 10595860 ordinary shares of Rs.10 each.

Icra Limited has informed the Exchange that the dividend as recommended by the Board of Directors, if declared at the Annual General Meeting, will be paid/ dividend warrants will be dispatched on August 19, 2011.

Icra Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 11, 2011 has recommended a dividend of Rs.17 per equity share of the face value of Rs. 10 each for the financial year ended March 31, 2011.

Rainbow Papers Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 07, 2011 has recommended Dividend of Re.0.40 per equity share of Rs.2/- each, subject to approval of shareholders in Annual General Meeting.

Tips Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 11, 2011 has proposed a dividend of 12.5% i.e. Rs.1.25/- Per Share for the Financial Year 2010-11.

Su-Raj Diamonds And Jewellery Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 10, 2011 has recommended a dividend of Rs.1.25 per Equity Share (12.50%) for the year ended as on March 31, 2011.

Jmc Projects (India) Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 11, 2011 has recommended dividend of Rs.2/- (i.e. 20%) per equity share of Rs.10/- each on increased capital of 2,61,18,348 Equity Shares for the financial year 2010-11, subject to approval of members.

Venky'S (India) Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 11, 2011 has recommended a dividend of Rs.5/- per equity share (50%) for the year ended March 31, 2011 (previous year Rs.4.00 per equity share), subject to the approval of shareholders at ensuing general meeting.

Kothari Petrochemicals Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 11, 2011 has declared the Interim Dividend @ Rs.0.50p (5%) per Equity shares of Rs.10/- each. The Interim Dividend will be disbursed on or before June 09, 2011.

Grasim Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 11, 2011 have recommended dividend on Equity Shares for the year ended March 31, 2011 @ Rs. 20 (Rupees Twenty only) per share.

Graphite India Limited has informed the Exchange that Dividend on 195375594 equity shares of the Company shall be paid/dispatched between August 04, 2011 & August 08, 2011 subject to the approval of the members at the Annual General Meeting to be held on July 25, 2011.

Usha Martin Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 11, 2011 has recommended payment of dividend of Re.1 per share [100%] on face value of Re.1 per share.

Apollo Tyres Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 11, 2011 has recommended a dividend @ Re. 0.50 per share amounting to Rs. 252.01 Million on Equity Shares of Re 1/ each as dividend for the year, subject to approval from the shareholders.

The United Nilgiri Tea Estates Company Limited has informed the Exchange that the Board of Directors of the Company, at its meeting held on 11th May 2011, has approved the audited financial results of the Company for the year ended 31st March 2011 and recommended a final dividend of Rs.1.25 per share (12.5%), which together with an interim dividend of Re.1/- per share (10%) amounts to Rs.2.25 per share (22.5%). (Source MSE)

Arss Infrastructure Projects Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 11, 2011 have recommended a dividend of 10% (Rs. 1.00 per share of Rs.10/- each) on the paid-up capital of the Company for the year ended March 31, 2011, subject to the approval of the members at the forthcoming AGM of the Company.

Ptl Enterprises Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 11, 2011 has approved declaration of Dividend @ Rs. 1/- per share.

Chambal Fertilizers & Chemicals Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 10, 2011 has recommended a dividend @ Rs.1.90 per Equity Share of the Company (excluding Dividend Distribution Tax).

Sarla Performance Fibers Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 10, 2011 has recommended for payment of dividend Rs.4.50 per share on the equity share capital for the year ended March 31, 2011.

Ds Kulkarni Developers Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 10, 2011 has recommended a dividend of Re.1 per equity share having face value of Rs.10/- per equity share.

Gkw Limited has informed the Exchange that the Board of Directors of the company at its meeting held on May 10, 2011 decided not to recommend dividend on equity shares for the year ended March 31, 2011.

Hinduja Ventures Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 10, 2011 has considered and approved the recommendation of final dividend of Rs. 12.50/- per equity share of Rs. 10 each for financial year 2010-2011, subject to the approval of shareholders at the Annual General Meeting.

Gic Housing Finance Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 10, 2011 have recommended a Dividend of Rs. 4.50 per Equity share (i.e. 45%) and in addition there to also recommended onetime Special Dividend of Rs. 1.00 per equity share (i.e. 10%), in view of the Profit on Sale of Investments. The total dividend recommended by the Board is Rs. 5.50 per Equity share (i.e. 55%) for the financial year 2010-11.

Jubilant Life Sciences Limited has informed the Exchange that the Board of Directors of the Comapny at its meeting held on May 10, 2011 has recommended a dividend of Rs. 2 (Rupees Two) per share of Re. 1/- each. The dividend, if approved, by the Members at the Annual General Meeting, will be paid on or before September 22, 2011.

Rashtriya Chemicals And Fertilizers Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on May 10, 2011 recommended payment of final dividend at Rs.1.10 per equity share of Rs.10/- each i.e. 11% to the shareholders of the Company for the year 2010-11.

Andhra Bank has informed the Exchange that the dividend payout for the financial year 2010-11 shall be on June 29, 2011.

Asian Paints Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 10, 2011, have recommended payment of final dividend of Rs. 23.50 (Rupees twenty three and paise fifty only) per equity share of the face value of Rs. 10/- each for the financial year ended March 31, 2011. Together with the interim dividend of Rs. 8.50 per equity share of the face value of Rs. 10/- each approved by the Board on October 27, 2010, the total dividend aggregates to Rs. 32/- (Rupees thirty two only) per equity share of the value of Rs. 10/- each for the financial yea

Sobha Developers Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 10, 2011 has recommended dividend at the rate of 30% (Rs.3/- per equity share of Rs.10/- each).

Glenmark Pharmaceuticals Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 10, 2011, has Recommend Dividend @ 40% i.e. Re.0.40 per share (face value Re.1/-) on the Equity Share Capital of the Company for the financial year 2010-2011 subject to the approval of the Shareholders at the ensuing Annual General Meeting.

Ntpc Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 10, 2011 have recommended final dividend of Rs.0.80 per equity share, in addition to the interim dividend of Rs.3.00 per equity share in February 2011.

Housing Development Finance Corporation Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 10, 2011 recommended a dividend of Rs. 9 per equity share of Rs. 2 each for the financial year 2010-11. (previous year Rs. 36 per equity share of face value of Rs. 10 each (i.e. Rs. 7.20 per equity share of face value of Rs. 2 each)).

Niit Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 10, 2011 have recommended dividend @ 75% (Rs. 1.50 per Equity Share on face value of Rs.2/- each) for the financial year 2010-2011.

Bharat Bijlee Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 09, 2011 has recommended a dividend of Rs.25 (250%) per equity share of Rs.10 each subject to approval of shareholders at the ensuing Annual General Meeting.

Vardhman Textiles Limited has informed the Exchange that at the meeting of the Board of Directors of the Company held on May 09, 2011, the Board of Directors has recommended dividend of Rs.4.50/- per share on the paid up equity shares of the Company and the same shall be paid tentatively by August 10, 2011.

Hexaware Technologies Limited has informed the Exchange that The interim dividend on equity shares as declared in the Board Meeting held on May 06, 2011 will be paid on June 03, 2011.

Zuari Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 09, 2011 has recommended an equity dividend of Rs. 4.50 per share.

Graphite India Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 09, 2011 has recommended dividend @ Rs.3.50 per equity share of Rs.2/- each.

Thangamayil Jewellery Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 09, 2011 has declared a Final Dividend of Rs.1/- per share (10%) with Interim Dividend paid of Rs.4/- Per share the total dividend is at Rs.5/- Per share for the year 2010-11.