Corporate announcements

Jindal Steel & Power Ltd. has informed the Exchange that the Board of Directors, at their meeting held on May 27, 2009, has Recommended dividend of Rs.5.50 (550%) per equity share of Re. 1/-each.

Allcargo Global Logistics Limited had earlier informed the Exchange about the recommendation of dividend by the Board of Directors of the Company at its meeting on April 30, 2009.The company has now informed that the dividend so recommended is subject to approval by the Members of the Company at the ensuing Annual General Meeting .The dividend, if approved, will be paid to the Members within 15 days from the date of declaration at the Annual General Meeting i.e. on or before June 27, 2009.

Emco Limited has informed the Exchange that the Board of Directors of the Company in their meeting held on May 27, 2009 have recommended Dividend for the financial year ended March 31, 2009 @ 70% i.e. Rs.1.40/- per share (face value Rs.2/- per equity share).

Bharat Heavy Electricals Ltd has informed the Exchange that the Board, at their meeting held on May 27, 2009, have recommended final dividend @ 80 % i.e. (Rs 8/- per share) on the paid up share capital of the company, for the year 2008-09.

Rane Brake Lining Limited has informed the Exchange that the Board of Directors, at their meeting held on May 27, 2009 , has recommended to the shareholders a dividend of Rs 2/- per share on the paid-up equity capital of Rs.79,149,800 for the financial year ended March 31, 2009.

Niit Limited has informed the Exchange that the Board of Directors, at their meeting held on May 27, 2009, have recommended a dividend of Rs. 1.30 per equity share (Previous year Rs. 1.30 per equity share) face value of Rs. 2 each.

Garware Wall Ropes Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on May 27, 2009 has recommended a Dividend of Rs. 2.50/- per share on 23708350 Equity Shares of Rs. 10/- each.

Mangalore Refinery And Petrochemicals Ltd. has informed the Exchange that the Board of Directors, at their meeting held on May 27, 2009 has recommended dividend of 12% percent on the equity share capital and 0.01 percent on the 0.01% preference share capital for the year ended March 31, 2009. Rs. 1.20 per share of Rs. 10 nominal value each share.

Shanthi Gears Ltd has informed the Exchange that the Board of Directors, at their meeting held on May 27, 2009 have recommended a Dividend of Rs. 1.20 per equity share of Re.1 each (120%) subject to approval of Shareholders. Further, the Company has announced Book Closure from July 01, 2009 to July 10, 2009 for the purpose of Dividend. The Annual General Meeting will be held on July 10, 2009.

Cummins India Ltd. has informed the Exchange that the Board of Directors in its meeting held on May 26, 2009 have recommended final dividend of Rs. 2.60 per share on equity shares of Rs. 2/- each fully paid up for the year ended March 31, 2009, in addition to the special dividend of Rs. 2.40 per share declared on December 05, 2008 and interim dividend of Rs. 4/- per share declared on January 27, 2009. Further, the Register of Members and Share transfer Books of the Company shall remain closed from July 25, 2009 to July 29, 2009, (both days inclusive), for the purpose of Annual Book Closure fo

Kabra Extrusion Technik Ltd has informed the Exchange that the Board ,at the meeting held on May 26, 2009 , have recommended a dividend of 60 % i.e. Rs. 6.00 per share.

Tata Communications Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 26, 2009 have recommended a dividend of Rs.4.50 per share for the Financial Year 2008-09.

Gabriel India Ltd has informed the Exchange that Board of Directors in the meeting held on May 26, 2009 has declared Dividend of 70 % i.e. Rs. 0.70 per equity share.

Bharat Gears Ltd has informed the Exchange that the Board of Directors of the Company in its meeting held on May 26, 2009 has recommended the following for the financial year 2008-09. (1) Dividend of Rs. 10/- per preference share on 2,08,500, 10% cumulative preference shares of the Company. (2) Dividend @ Re 1/- per equity share out of the profit of the Company on 78,17,833 equity shares of the Company.

Mirza International Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 26, 2009 has recommended a dividend Re. 0.20 per Equity Share of Rs. 2/- each for the year ended March 31, 2009 aggregating to Rs. 1.85 crores, subject to the approval of Shareholders in the ensuing Annual General Meeting.

Brigade Enterprises Limited has informed the Exchange that the meeting of the Board of Directors of the Company was held as scheduled i.e. May 26, 2009 and the Board inter-alia took the following decisions : 1) A dividend of Rs 1.20 per equity share (12%) has been recommended by the Board of Directors. 2) The Annual General Meeting of the company is scheduled on July 30, 2009. 3) The Register of Members and Share Transfer Books of the Company shall remain closed from July 24, 2009 till July 30, 2009 (both days inclusive) for the purpose of the dividend to be declared in the annual general meet

Ocl India Ltd. has informed the Exchange that the Board of Director of the Company, at their meeting held on May 26, 2009, has recommended dividend of Rs. 2.50 per share (125%) for the Financial Year ended March 31, 2009. Further, Shri V. D Jhunjhunwala has resigned as a Director of the Company with effect from May 27, 2009.

Jk Cement Limited has informed the Exchange that the Board of Directors in their meeting held on May 23, 2009: 1) Recommended a Dividend of Rs. 3.50 (Rupee Three paisa fifty only) per equity share for the financial year ended on March 31, 2009, subject to the approval of shareholders in Annual General Meeting; 2) Decided that the Register of Members and Share Transfer Books of the Company will remain closed from July 22, 2009 to July 31, 2009 both days inclusive for the purpose of Annual General Meeting & entitlement of dividend; 3) Decided that the Annual General Meeting of the Company will b

Niit Technologies Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 26, 2009 has recommended a dividend of Rs.6.50 per equity share of face value of Rs.10/- each for the year 2008-09.

Harrisons Malayalam Ltd has informed the Exchange that the Board, at its meeting held on May 26, 2009 has recommended a dividend of Rs. 1.50 per share (Previous Year Rs. 1.50 per share) on the Equity Shares of the Company.

Agro Tech Foods Limited has informed the Exchange that the Board of Directors, in their meeting held on May 26, 2009, have recommended a dividend of Rs. 1/- per equity share for the year ended March 31, 2009.

Electrotherm (India) Ltd. has informed the Exchange that the Board of Directors of the Company at their meeting held on May 25, 2009 has recommended a dividend Rs.0.60 per share on 6% Non-Cumulative Redeemable Preference Shares and dividend @ Rs.2.50 per share on equity share subjects to approval of members at the Annual General Meeting.

Omnitech Infosolutions Limited has informed the Exchange that the Board of Directors of the Company at its Meeting held on May 25, 2009 have recommended payment of dividend at the rate of 12% i.e. Rs.1.20 per share for the financial year ended March 31, 2009. However declaration of dividend will be subject to the approval by the shareholders at the Annual General Meeting (AGM) of the Company.

Meghmani Organics Limited has informed the Exchange that the Board of Directors at its meeting held on May 25, 2009 have recommended a dividend of Rs. 0.33 (33%) per share of Rs. 1/- each.

Dishman Pharmaceuticals And Chemicals Limited has informed the Exchange that the Board of Directors at its meeting held on May 25, 2009 has recommended payment of dividend @60% on the paid up share capital (i.e. Rs.1.20/- per equity share of Rs.2/- each) for the Financial year 2008-09, subject to approval of members in the ensuing Annual General Meeting.

The Karnataka Bank Limited has informed the Exchange that the Board of Directors at the meeting held on May 25, 2009 has recommended dividend @ Rs. 6/- per share on the paid up capital of the Bank for the year ended March 31, 2009.

Apcotex Industries Limited has informed the Exchange that the board of directors in their meeting held on May 25, 2009, have recommended dividend of Rs.4 (Rupees Four Only) per equity share of Rs.10 each (@ 40%) for the financial year 2008-09, subject to approval of shareholders in the ensuing Annual general Meeting.

Natco Pharma Limited has informed the Exchange vide its letter dated May 25, 2009 that "The Board of Directors at their meeting held on today declared an interim dividend of Rs.1.25 per share for the year 2008-09. The date fixed for taking a record of its shareholders eligible for the purpose of payment of interim dividend is 5th June, 2009 i.e. record date".

Rural Electrification Corporation Limited has informed the Exchange that during the fourth quarter of 2008-09, the company paid an Interim Dividend of Rs. 2.00/- per share (on face value of Rs.10/- each) for the year 2008-09. The Board of Directors of the Company at its meeting held on May 25, 2009 has recommended final dividend of Rs.2.50/- per share (on face value of Rs.10/- each) for the year 2008-09, subject to approval of the shareholders in the ensuing Annual General Meeting. The total dividend (including Interim Dividend) for the financial year 2008-09 is Rs.4.50/- per share (on face va

Tourism Finance Corpn Of India Ltd has informed the Exchange that the Board of Directors of the Company at their meeting held on May 25, 2009 have recommended payment of dividend Rs 1/- per share (10 %) for the financial year ended March 31, 2009.

Hi-Tech Gears Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on May 23, 2009 have recommended final dividend of Rs.1.50 per shares on the paid up share capital of the Company subject to the approval of the members in the Annual General Meeting.

Hsil Limited has informed the Exchange that the Board of Directors of the Company at its meetings held on May 23, 2009 have recommended a dividend of Rs 1.60 per share of Rs.2/- each i.e.@ 80%, subject to approval of shareholders.

Gujarat Narmada Valley Fertilizer Co. Ltd. has informed the Exchange that the Board of Directors, at their meeting held on May 23, 2009 have recommended a dividend of Rs. 3.25 per equity share of Rs 10/- each (i.e. 32.50%) for the financial year ended March 31, 2009.

Neuland Laboratories Ltd has informed the Exchange that the Board of Directors in their meeting held today i.e. May 21, 2009:(1)Have proposed a dividend of Rs 3.50 per share on the equity share capital of the company subject to approval of the shareholders in the ensuing Annual General Meeting. (2) Have fixed the book closure from July 15, 2009 to July 18, 2009 (both days inclusive) for the purpose of ensuing Annual General Meeting.(3) Have approved promotion of Mr. D Sucheth Rao as Chief Executive Officer of the company. (4) Have appointed Co-opting of Mr D.Saharsh Rao as additional Director

Plastiblends India Limited has informed the Exchange that the Board of Directors, at its meeting held on May 22, 2009, have recommended a dividend of 70 % i.e. Rs.7.00 per share.

Edelweiss Capital Limited has informed the Exchange that the Board at its meeting held on May 22, 2009 approved the following : (1)Recommendation of dividend of Rs 3/- per equity share of Rs 5/- each. (2) Appointment of Mr. Navtej S. Nandra as an Additional Director of the Company with effect from May 22, 2009.

Lg Balakrishnan & Bros Ltd has informed the Exchange that "The Board of Directors of the Company at its meeting held on May 22, 2009, inter alia, has recommended a regular dividend of Re.0.25 per share on a face value of Re.1/- and in addition, the Board recommended a Special Dividend of Re.0.35 per share on a face value of Re.1/- in view of the profits earned on the disposal of Industrial Chain Division of the Company. Thus, the total dividend recommended is Re. 0.60 per share on a face value of Re.1/- on the equity capital for the year ended March 31, 2009 subject to the approval of the Shar

Fdc Ltd. has informed the Exchange that the Board of Directors at its meeting held on May 22, 2009 have recommended a dividend of Rs. 1.25 per share (125%) for the financial year 2008-2009, subject to the approval of the shareholders at the ensuing Annual General Meeting.

Nissan Copper Limited has informed the Exchange that the meeting of the Board of Directors was held on May 22, 2009 as scheduled, wherein the Board inter alia considered the following: 1) Recommended dividend of Rs. 0.50 per equity Shares of Rs.10/- each i.e. 5% on Equity Share of the Company. 2) Approved the Directors Report including Corporate Governance Report of the Company. 3) Approved the Notice conveying the AGM and accordingly the AGM will be held on July 20, 2009. 4) Noted the appointment of Mr. Hiresh Luhar as the CFO of the Company.

Sanghvi Movers Ltd. has informed the Exchange that the Board of Directors at its meeting held on May 22, 2009 have recommended Dividend of Rs. 2/- per Equity Share (100%) on Equity Shares for the year ended March 31, 2009, subject to approval of Members at the ensuing Annual General Meeting. Further, the Annual General Meeting of the Company will be held on July, 24, 2009.

Gujarat Fluorochemicals Ltd has informed the Exchange that at the meeting of the Board of Directors of the Company held on May 22, 2009, the following decisions are taken: 1) The Board has recommended a final dividend @ Rs. 3.50 (350%) per equity share subject to the approval of the shareholders at the forthcoming Annual General Meeting of the Company. 2) Shri Shanti Prasad Jain is appointed as additional director on the Board of the Company. He is an independent director on the Board of the Company.

Itc Ltd. has informed the Exchange that (i)The Board of Directors of the Company, at their meeting held on May 22, 2009, has recommended a dividend of Rs. 3.70 per Ordinary Share of Re 1/-each for the financial year ended March 31, 2009 and the dividend, if declared, will be paid on or after July 27, 2009 to those members entitled thereto.(ii)The Register of Members of the Company shall remain closed from July 15, 2009 to July 24, 2009 both days inclusive.(iii)The Annual General Meeting of the Company has been convened for July 24, 2009.

Ntpc Limited has informed the Exchange that the Board of Directors at its meeting held on May 22, 2009 recommended the following: " During the quarter, the company has paid an interim dividend of Rs. 2.80 per share (face value Rs. 10/- each) for the year 2008-09. The Board of Directors has recommended final dividend of Rs 0.80 per share(face value Rs 10/- each).The total dividend (including interim dividend ) for the financial year 2008-09 is Rs 3.60 per share(face value Rs 10/- each )".

Cinemax India Limited has informed the Exchange that the Board of Directors at its meeting held on May 22, 2009, have recommended dividend of Rs. 1.2/- (12%) per share for the financial year 2008-09.

Take Solutions Limited has informed the Exchange that the Board of Directors at its meeting held on May 22, 2009 has recommended a dividend of 5% on Non-Cumulative Preference Share capital and 20% on Equtiy Share Capital (Re. 0.20 per share).

The Federal Bank Ltd has informed the Exchange that the Board of Directors at its meeting held on May 22, 2009 have recommended a dividend of 50 % on equity shares.(Rs. 5/- per share) (Rs. 85.52 Crores)

Cesc Ltd. has informed the Exchange that the Board of Directors of the Company at their meeting held on May 22, 2009, has recommended a dividend at the rate of Rs.4 per share for the year 2008-09 involving an outgo of Rs.58.47 crore. Reserves and Surplus as on March 31, 2009 amount to Rs.4757 crore (March 31, 2008; Rs.4461 crore).

Redington (India) Limited has informed the Exchange that the Board of Directors, in their meeting held on May 22, 2009, has recommended a dividend of Rs. 4/- per equity share(i.e 40 %), (Previous Year 35% ) for the Financial Year ended March 31, 2009.

Transport Corporation Of India Limited has informed the Exchange that the Board of Directors, at their meeting held on May 21, 2009 has interalia approved/recommended the following matters: (i) Payment of Final Dividend @ 30% (Rupee. 0.60 per share of face value of Rs.2/- each) to the shareholders . (ii).The Board of Directors has also decided that the next Annual General Meeting of the Shareholders of the Company shall be convened on July 29, 2009. iii) Grant of 1,08,000 Options to eligible employees at a price of Rs.30/- (Rupees Thirty only) per Option under the "Employees Stock Option Schem

Kewal Kiran Clothing Limited has informed the Exchange that the Board of Director in the Meeting held on May 21, 2009 have recommended a dividend of Rs.3.00 per share on 1,23,25,037 equity shares of Rs.10/- each subject to the approval of the shareholders at the ensuing Annual General Meeting of the Company.