Corporate announcements

Glenmark Pharmaceuticals Limited has informed the Exchange that the Board of Directors, at their meeting held on May 28, 2010, has recommended 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 2009-2010 subject to the approval of Shareholders at the Annual General Meeting.

Indian Oil Corporation Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 28, 2010 has recommended dividend of Rs. 13 per share.

Alkali Metals Limited has informed the Exchange that the Board of Directors at their meeting held on May 27, 2010 recommended the dividend of Rs.4/- per share of Rs. 10/- each (i.e. 40%), subject to approval of shareholders at the Annual General Meeting.

Sun Tv Network Limited has informed the Exchange that the Board of Directors at their meeting held on May 28, 2010 has recommended a Final Dividend of Rs. 6.00 per equity share of face value of Rs. 5.00 each (120%) in view of Silver Jubilee year of the Company. This Final Dividend together with the Interim Dividend of Rs. 1.50 per equity share of face value of Rs. 5.00 each (30%) would result in a total dividend of Rs. 7.50 per equity share face value of Rs. 5.00 each (150%) for the financial year ended March 31, 2010.

DS Kulkarni Developers Limited has informed the Exchange that the Board of Directors at its meeting held on May 27, 2010 has recommended a dividend of Re.1/- per equity share having face value of Rs. 10/- per equity share.

IP Rings Limited has informed the Exchange that the Board of Directors, at their meeting held on 27th May 2010, have recommended a Dividend of Rs.3/- per share (30%) on the equity shares of Rs.10/- each for the financial year 2009-2010. (Source MSE)

Bannari Amman Sugars Limited has informed the Exchange that the Board of Directors of the Company have at the meeting held on May 27, 2010 recommended payment of Dividend of Rs.10/= per Equity Share for the year ended March 31, 2010.

Minda Industries Limited has informed the Exchange that the Board of Directors of the company in its meeting held on May 27, 2010 has recommended dividend : (1) At the rate of 30% i.e. Rs. 3.00 per Equity Shares on the face value of Rs. 10.00 each; (2) At the rate of 9% i.e. Rs. 0.90 per 9% Cumulative Redeemable Preference Shares of Rs.10.00 each; (3) At the rate of 3% on prorata basis i.e. Rs. 7.729 per 3% Cumulative Compulsorily Convertible Preference Share of Rs. 2187.00 each; (4) At the rate of 3% on prorata basis i.e. Rs. 0.04 per 3% Cumulative Redeemable Preference Share of Rs. 10.00 eac

Dredging Corporation Of India Limited has informed the Exchange that the Board of Directors in its meeting held on May 27, 2010 have recommended a dividend @ 30% on the paid up share capital of the Company i.e. Rs. 3.00( Three Rupees only) per equity share of Rs.10/- each.

Gujarat State Petronet Limited has informed the Exchange that the Board of Directors of the company in their meeting held on May 27, 2010 have recommended dividend of Re.1/- per share of Rs.10/- each (i.e. @ 10%) on equity shares of the company for the financial year 2009-10, subject to the approval of the shareholders in ensuing Annual General Meeting.

Gujarat State Petronet Limited has informed the Exchange that at the Board Meeting held on May 27, 2010, the Board of Directors has recommended the dividend of Re. 1/- per share of Rs. 10 each (i.e. @ 10%) on the equity shares of the Company for the financial year 2009-10, subject to the approval of shareholders in ensuing Annual General Meeting.

Geecee Ventures Limited has informed the Exchange that the Board of Directors at the meeting held on May 27, 2010, inter alia, has recommended a dividend @ 15% i.e. Re. 1.50/- per share of Rs. 10/- each on 20626543 Equity Shares for the financial year 2009-10, subject to approval of members.

Renaissance Jewellery Limited has informed the Exchange that the Board of Directors at its meeting held on May 27, 2010 has recommended a dividend @ 20% (i.e. Rs. 2.00 per Equity Share of Rs. 10/- each) for the Financial Year ending March 31, 2010, suubject to the approval of the shareholders at the AGM.

Britannia Industries Limited has informed the Exchange that at the Meeting of the Board of Directors of the Company held on May 27, 2010 has recommend to the members to declare at the ensuing annual General Meeting, a dividend for the year ended March 31, 2010 at the rate of Rs. 25/- (Rupees Twenty Five Only) per equity share of Rs. 10/- each to the eligible members.

Bharat Gears Limited has informed the Exchange that the Board of Directors at its Meeting held on May 27, 2010 have recommended the following for the financial year 2009-10 :- (1) Dividend of Rs. 10/- per share on Cumulative Redeemable Non-convertible preference shares of Rs. 100 each; (2) Dividend of Rs. 1.20/- per equity share out of the profit of the Company on 78,17,833 equity shares of the Company.

D.B.Corp Limited has informed the Exchange that the Board of Directors at its meeting held on May 27, 2010 has recommended a Final Dividend @12.50% (i.e. Rs.1.25 per Equity Share of Rs. 10/- each) subject to approval of the shareholders at the forthcoming Annual General Meeting of the Company.

Sathavahana Ispat Limited has informed the Exchange that the Board of Directors at its meeting held on May 27, 2010 have recommended a dividend of Rs. 1.50 per share amounting to Rs. 501.00 Lakhs for the financial year ended March 31, 2010 subject to approval of Banks and members in General meeting. The applicable Corporate Dividend Tax amounting to Rs. 83.21 Lakhs will be paid by the Company.

Eih Associated Hotels Limited has informed the Exchange that the Board of Directors of the Company at its Meeting held on May 27, 2010 have proposed a Dividend of Rs. 1.50 per share of Rs 10 each for declaration at the Annual General Meeting.

Sabero Organics Gujarat Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 27, 2010 have recommended Dividend @ 12% equivalent to Rs. 1.20/- per share on the Paid up Equity Share Capital of the Company for the year ended March 31, 2010 subject to approval of the shareholders at the forthcoming Annual General Meeting.

Carol Info Services Limited has informed the Exchange that the Board of Directors at its meeting held on May 27, 2010 has recommended dividend of Rs.2/- per equity share, for the year ended March 31, 2010 subject to the approval of members at the ensuing Annual General Meeting.

Lakshmi Precision Screws Limited has informed the Exchange that the Board of Directors of the Company, at their meeting held on May 27, 2010, recommended final dividend of Re.1/- @ 10% for the financial year ended March 31, 2010.

National Fertilizers Limited has informed the Exchange that the Board of Directors at its meeting held on May 27, 2010 has made a provision of Rs 51.51 Crores towards dividend being10.5% of the paid-up capital i.e. @ Rs 1.05 per share.

Shiva Texyarn Limited has informed the Exchange that the Board of Directors at its Meeting held on May 27, 2010 have recommended a Dividend of Re. 1/- per share to the Equity Share holders.

Orchid Chemicals & Pharmaceuticals Limited has informed the Exchange that the Board of Directors of the Company, at their meeting held on May 27, 2010 have recommended a dividend of Re.10/- per share on the equity share of Rs.10/- each.

Neyveli Lignite Corporation Limited has informed the Exchange that the Board of Directors of the Company, at their meeting held on May 27, 2010, subject to approval of Members, have recommended a final dividend @ 10% (ten) i.e., Re. 1/- per equity share for the financial year ended March 31, 2010.

Jmc Projects (India) Limited has informed the Exchange that the Board of Directors at its Meeting held on May 27, 2010 have recommended dividend of Rs. 2/- (i.e. @ 20%) per equity share of Rs. 10/- each on 2,17,68,348 Equity Shares for the financial year 2009-10, subject to approval of members.

Jagran Prakashan Limited has informed the Exchange that the Company in the Board meeting held on May 27, 2010 has inter alia transacted the following business (1) The Board of Directors of the Company has recommended Final Dividend of Rs.1.5 per equity share of Rs.2/- each (i.e. 75%) on the paid up equity share capital of the company.

Bannari Amman Spinning Mills Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on May 27, 2010 has recommended a Dividend of Rs.1.50/- per Share (15% on Equity Share Capital of the Company) for the financial year 2009-10 subject to approval of the shareholders at the ensuing Annual General Meeting.

Tata Motors Limited has informed the Exchange that at the Board Meeting held on May 27, 2010, the Board of Directors have recommended a dividend of Rs. 15/- per share on Ordinary Shares for FY 2009-10 and a dividend of Rs. 15.50 per share on 'A' Ordinary Shares for FY 2009-10 (Rs. 6/- per share on Ordinary Shares and Rs. 6.50/- per share on 'A' Ordinary Shares for FY 2008-09).

Bharat Petroleum Corpn. Limited has informed the Exchange that the Board of Directors, at their meeting on May 27, 2010, have recommended Dividend @ Rs.14/- per equity share of Rs 10/- each for the year 2009-10.

Greenply Industries Limited has informed the Exchange that the Board of Directors at its meeting held on May 27, 2010 have recommended the final dividend of Rs. 1.50 per share on equity shares of Rs. 5/- each.

Sangam (India) Limited has informed the Exchange that the Board of Directors at its meeting held on May 27, 2010 have recommended a dividend of 10% i.e. Re. 1/- per equity share of the face value of Re. 10/- for the year 2009-10.

Vakrangee Softwares Limited has informed the Exchange that the Board of Directors at its meeting held on May 27, 2010 have recommended dividend of Rs. 1.50/- per equity share (i.e. 15%) having face value of Rs. 10/- each, for the financial year 2009-10.

Heritage Foods (India) Limited has informed the Exchange that the Board of Directors at its meeting held on May 27, 2010 have recommended a dividend for the year ended March 31, 2010 @ Rs. 1.80/- per share (18%) on equity shares of face value of Rs. 10/- each subject to the approval of members.

Nagarjuna Fertilizer & Chemicals Limited has informed the Exchange that the Board of Directors at its Meeting held on May 27, 2010 have recommended a dividend of Rs. 0.50 per share to the equity share holders of the Company for the year 2009-10.

Gujarat State Fertilizers & Chemicals Limited has informed the Exchange that the Board of Directors at its meeting held on May 27, 2010 have recommended a dividend of Rs. 4.50 per Equity Share of Rs. 10/- each (45%).

Tips Industries Limited has informed the Exchange that the Board of Directors at their meeting held on May 26, 2010 has proposed a dividend of 12.5% i.e. Rs.1.25/- Per Share for the Financial Year 2009-10.

Goenka Diamond And Jewels Limited has informed the Exchange that the Board of Directors at its meeting held on May 26, 2010 have recommended payment of Dividend of Rs. 1/- per equity share of Rs. 10/- each, subject to the approval of the shareholders of the company.

Plastiblends India Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 26, 2010 have recommended a dividend @ 60% i.e. Rs. 6.00 per share.

Lt Foods Limited has informed the Exchange that at the Board Meeting held on May 26, 2010, the Board of Directors has recommended the final dividend of Rs. 1.50 per Equity share of Rs. 10/- each fully paid up (i.e. @ 15%), subject to the approval of shareholders at ensuing Annual General Meeting.

Barak Valley Cements Limited has informed the Exchange that the Board of Directors of the company in their meeting held on May 26, 2010 recommend final dividend of Rs. 1/- per equity share in the ensuing Annual General Meeting, for approval of Shareholders.

Gujarat Mineral Development Corporation Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 26, 2010, has recommended a dividend @ 125% i.e. Rs. 2.50 per share for the financial year 2009-10.

Kalyani Forge Limited has informed the Exchange that the Board of Directors at its meeting held on May 26, 2010 have recommended dividend of Rs 1.8 per share.

Simplex Projects Limited has informed the Exchange that the Board of Directors at its meeting held on May 26, 2010, inter alia, has considered and recommended, dividend of 15% i.e. Rs.1.50 per equity share of face value of Rs.10/- each for the financial year ended March 31, 2010 subject to the approval of the shareholders of the Company at the next Annual General Meeting.

Treadsdirect Limited has informed the Exchange that the Board of Directors at its Meeting held on May 26, 2010 has recommended a dividend of Re. 0.30 per share.

Standard Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 26, 2010, have recommended to the Members the declaration of Dividend of Re. 0.75 per share on Equity Shares of Rs. 5/- each of the Company for the Financial Year ended March 31, 2010 (Previous 18 months period at Re. 1.00 per equity shares).

Zodiac Clothing Company Limited has informed the Exchange that the Board of Directors at its Meeting held on May 26, 2010 have recommended a Dividend of Rs. 7/- per share for the financial year ended March 31, 2010 subject to the approval of the shareholders at the ensuing Annual General Meeting. The cash outflow on account of payment of dividend including Taxes would be Rs. 687 Lakhs.

Elgi Rubber Company Limited has informed the Exchange that the Board of Directors at its Meeting held on May 26, 2010 has recommended a dividend of Re. 0.10 per share.

Tata Steel Limited has informed the Exchange that the Board of Directors at its Meeting held on May 26, 2010 has recommended a dividend of Rs. 8 per share on Ordinary Shares for the financial year 2009-10.

Dharani Sugars & Chemicals Limited has informed the Exchange that the Board of Directors at its meeting held on May 25, 2010 have recommended a Dividend of Rs.1.50/- per Equity Share.