Corporate announcements

Vardhman Polytex Limited has informed the Exchange that the Board of Directors at their meeting held on June 14, 2008 has recommended a dividend of 20% on the paid-up Equity Share Capital of the Company.

Mcnally Bharat Engineering Company Limited has informed the Exchange that the Board of Directors at its meeting held on June 14, 2008 has recommended a dividend of 10% (i.e. Rs.1.00 per Share) for the year ended March 31, 2008.

Lakshmi Precision Screws Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on June 13, 2008 has recommended the payment of dividend subject to the approval of Members of the Company and permission of the Financial Institution and Banks of Rs.1.20 per share (12%) on 10941667 Equity Shares of the Company for the year ended March 31, 2008.

Allahabad Bank has informed the Exchange that the Board of Directors of the Bank in its meeting held on June 13, 2008 have decided to recommend an increase dividend @35% for the financial year 2007-08 instead of 30% recommended earlier. The Bank has further informed the Exchange that due to enhancement of the dividend from 30% to 35% for the year 2007-08, the meeting of the Board of Directors of the Bank is scheduled to be held on date i.e. June 13, 2008 to consider and approve the revised Audited Financial statements of the Bank for the year ended March 31, 2008

Heg Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on June 13, 2008 have recommended payment of final dividend @ 30% i.e. Rs.3 per Equity Shares for the period ended March 31, 2008, subject to the approval of shareholders of the Company. This is in addition to 70% Interim Dividend already paid in January, 2008. Further, the Register of Members and Share Transfer Books of the Company shall remain closed from September 19, 2008 to September 27, 2008 (both days inclusive) for the purpose of AGM to be held on September 27, 2008 and to determine the mem

Allahabad Bank has informed the Exchange that: "We are approaching the Board of Directors of the Bank for revision in dividend for the year 2007-08."

Deccan Cements Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on June 13, 2008 have recommended a Dividend of Rs.3/- per share for the year ended March 31, 2008.

Sterling Tools Ltd. has informed the Exchange that Board of Directors in its meeting held on June 12, 2008 has recommended Final dividend @ 30% for the Financial Year 2007-2008.

Sterling Tools Ltd. had informed the Exchange that the Company has fixed June 18, 2008 as record date for the purpose of payment of Interim Dividend for the Financial Year 2007-2008, if any, declared in the Meeting of Board of Directors to be held on June 12, 2008. Further, the Company has informed the Exchange that the Company will distribute the Interim Dividend on June 21, 2008 subject to declaration and approval of Board of Directors in their meeting to be held on June 12, 2008. The Company has now informed the Exchange that Board of Directors in its meeting held on June 12, 2008 concluded

Saregama India Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on June 12, 2008 has declared dividend at the rate of 10% has been proposed for the year ended March 31, 2008 (Dividend for the year ended March 31, 2007-Nil).

Etc Networks Limited has informed the Exchange that at the meeting of the Board of Directors of the Company held on June 12, 2008, the following decisions were taken: 1) Board has recommended payment of Dividend to the Equity Shareholders @25% (Rs. 2.50 per share) for the FY 2007-08. 2) Board has convened the next Annual General Meeting (AGM) of the members of the Company on July 24, 2008. 3) The Register of Members and Share Transfer Books will be closed for the purposes of AGM and Payment of Dividend during the period from July 19, 2008 to July 24, 2008 (both days inclusive).

Financial Technologies (India) Limited has informed the Exchange that the Board of Directors of the company at its meeting held on June 12, 2008 have declared final dividend of 200% being Rs.4/- per share on nominal value of equity share of Rs.2/- each, aggregating Rs.2147.26 lacs (including dividend tax of Rs.311.92 lacs). During the year the Company has paid three interim dividend aggregating to 800% being Rs.16/- per share and accordingly, total dividend for the year aggregates 1000% being Rs.20/- per share on nominal value of equity share of Rs.2/- each.

Container Corporation Of India Limited has informed the Exchange that the Board of Director of the Company at its meeting held on June 12, 2008 has recommended a Final Dividend of Rs.7.50 per share of face value of Rs.10/- each (post bonus issue) amounting to Rs.97.50 Crores in addition to the Interim Dividend of Rs.71.49 Crores (pre-bonus) already paid subject to ratification by the shareholders in the ensuing Annual General Meeting.

Bgr Energy Systems Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on June 12, 2008 have recommended Dividend @ 20% (Rs.2/- per share) on the equity shares of Rs.10/- each.

Ttk Prestige Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on June 12, 2008 have recommended a dividend of Rs.3.50 per share.

Klg Systel Ltd. has informed the Exchange that the Board of Directors of the Company at their meeting held on June 12, 2008 have recommended dividend on fully paid up equity shares of Rs.10 each of the Company @ 27.50%.

Dcw Ltd has informed the Exchange that: "Payout date for the payment of dividend to be declared by the Company at its forthcoming Annual General Meeting is July 05, 2008".

Renaissance Jewellery Limited has informed the Exchange that the following matters have been considered and approved in the Board of Directors meeting held on June 11, 2008: 1) Declaration of Dividend of @ 15% (Rs.1.50 per equity share)- recommended 2) Revision/ modification of remuneration of Executive directors- considered and approved. 3) Appointment of relatives of Directors to the office/ place of profit- considered and approved. 4) Employees Stock Purchase Scheme- considered and approved. 5) Annual General Meeting- Date: September 05, 2008. 6) Register of Members will remain closed from

Kpit Cummins Infosystems Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on June 11, 2008: (1) Recommendation of Dividend @ 35% for FY 2007-2008 (Rupees 0.70 per Equity Share of Rupees 2 each). (2) Allotment of 153,020 equity shares under Company's ESOP 2004 Scheme.

Gujarat Mineral Development Corporation Limited has informed the Exchange that the Board of Directors at its meeting held on June 11, 2008 has recommended a dividend @ 100% for the financial year 2007-08.

Zodiac Clothing Company Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on June 11, 2008 have recommended a Dividend of Rs.6.50 per share for the financial year ended March 31, 2008 subject to the approval of the shareholders at the ensuing Annual General Meeting.

Shipping Corporation Of India Ltd. has informed the Exchange that the Board of Directors of the Company in its meeting held on June 11, 2008 has recommended a final dividend of 40% (i.e. Rs.4/- per share having face value of Rs.10/- each, on the existing share capital of the Company as on March 31, 2008) for the financial year 2007-08 (apart from the Interim Dividend @ 45%, declared on February 22, 2008).

Niit Limited has informed the Exchange that the Board of Directors of the Company in their meeting held on June 11, 2008 has inter-alia approved the following: Recommended dividend @ 65% (Rs. 1.30 per equity share on face value of Rs. 2/- each) for the financial year 2007-2008.

Niit Technologies Limited has informed the Exchange that the Board of Directors of the Company held on June 11, 2008 have recommended a dividend of Rs.6.50 per equity share (Previous year: Rs 6.50 per equity share).

Nahar Industrial Enterprises Limited has informed the Exchange that the Board of Directors at their meeting held on June 10, 2008 has recommended a dividend of 10% (Re.1) per Equity Share.

Zandu Pharmaceutical Works Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on June 10, 2008 have recommended Final Dividend of Rs.25/- per share. The Directors had already authorised payment of interim dividend of Rs.50/- per share on January 22, 2008.

Energy Development Company Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on June 10, 2008 has recommended payment of Dividend @ 10% on the paid-up share capital of the Company (Rs.1/- per equity shares of Rs.10/- each) for the financial year 2007-08 (subject to approval of members at the ensuing Annual General Meeting).Further the Company has submitted a copy of information pursuant to Clause 20 of the Listing Agreement for the year ended March 31, 2008.The details of the same shall be available on the NSE website (http://www.nseindia.com) und

Gujarat Industries Power Co. Ltd has informed the Exchange that the Board of Directors at their meeting held on June 10, 2008 has recommended the payment of Dividend @ 25% for the Financial Year 2007-08.

Wipro Ltd has informed the Exchange that "Once the declaration of dividend is approved by the members at the Annual General Meeting scheduled to be held on July 17, 2008, the same will be sent to the members of the Company whose name appear on the Register of Members of the Company as on the opening hours of July 1, 2008, through Dividend Warrants/Electronic Clearing Service/Demand Drafts starting July 21, 2008".

National Aluminium Company Limited has informed the Exchange that Board of Directors of the Company at their meeting held on June 10, 2008 has recommended final dividend @ 15% to be paid to the eligible shareholders, subject to the approval of shareholders in the ensuing Annual General Meeting. The interim Dividend @ 45% have already been paid making a total of 60% Dividend for 2007-08. Further, Annual General Meeting of the Company will be held during August/September, 2008.

Union Bank Of India has informed the Exchange that : "The date of payment of dividend for the year 2007-08 has been finalized as July 8,2008. The dividend warrants payable at par at all the branches of Union Bank of India shall be dispatched immediately after the Annual General Meeting but before the date fixed for payment of final dividend".

Gujarat Fluorochemicals Ltd has informed the Exchange that the Boards of Directors of the Company at its meeting held on June 10, 2008 has recommended final dividend @ 100% i.e.Re 1 per Equity Share of Re 1 each for the financial year 2007-08. This takes the total dividend for the financial year 2007-08 to 350% i.e. Rs.3.50 per Equity Share of Re.1 each.

Abg Shipyard Limited has informed the Exchange that the Board of Directors of the Company in its meeting held on June 10, 2008 has recommended a Dividend @20% (Rs.2.00 per share) on the Equity Capital of the Company, subject to approval in the Annual General Meeting.

Reliance Industrial Infrastructure Limited has informed the Exchange that the dividend on Equity Shares, if declared at the Annual General Meeting, will be paid on or after July 02, 2008.

Gokaldas Exports Limited has informed the Exchange that the Board, in its meeting held on June 09, 2008, recommended the payment of dividend @ 20%, i.e., Rs.1/- for each share of Rs.5/- (previous year Rs.2/- for each share of Rs.5/-), subject to the approval of the shareholders in the ensuing Annual General Meeting.

Gtl Limited had informed the Exchange regarding a dividend @ 30% (Rs.3.00 per share) for the year ended March 31, 2008 recommended by the Board of Directors of the Company at its Meeting held on April 11, 2008. The Company has now informed the Exchange that the Company has fixed June 23, 2008 as the date of payment of the said dividend.

Nrb Bearing Limited has informed the Exchange that the Board of Directors at its meeting held on June 09, 2008 recommended dividend @ of Rs. 2.40 per equity share of Rs. 2/- i.e. 120% (Previous year Rs. 2.90 per equity share of Rs. 2) payable to members as per register of members. Further the company has announced the Book Closure from July 28, 2008 to August 03, 2008 for the purpose of final dividend @ Rs 2.40.

Indraprastha Medical Corporation Ltd. has informed the Exchange that the Board of Directors of the Company, at their meeting held on June 09, 2008 have recommended the payment of dividend @ 14% i.e. Rs. 1.40 per share for the financial year 2007-08.

Inox Leisure Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on June 09, 2008 has recommended dividend @ 10%, i.e. Re.1/- per share, for the year ended March 31, 2008, subject to approval of the shareholders at the ensuing Annual General Meeting.

Elgitread (India) Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on June 07, 2008 has recommended a dividend of 10% on the face value of the Equity share. This is subject to the approval of the members at the ensuing Annual General Meeting to be held on August 30, 2008.The share transfer books of the Company will remain closed from August 20, 2008 to August 30, 2008 (both days inclusive).

Divi'S Laboratories Limited has informed the Exchange that the Board of Directors at their meeting held on June 07, 2008 has recommended a dividend of 200% on equity shares for the year ended March 31, 2008.

Hi-Tech Gears Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on June 07, 2008 have recommended final dividend @30%, i.e. Rs.3 per share on the paid up share capital of the company subject to the approval of the members in the Annual General Meeting.

Seshasayee Paper And Boards Ltd has informed the Exchange that the Board of Directors of the Company at the meeting held on June 07, 2008, recommended payment of a dividend at 40% for the year 2007-08 for approval of the members of the Company at the ensuing Annual General Meeting. Further, it has been decided to close the Register of Members from July 17, 2008 to July 26, 2008 (both days inclusive), for the purpose of declaration of dividend.

Precot Meridian Limited has informed the Exchange that a dividend of 20% has been recommended by the Board, in its meeting held on June 07, 2008 and is subject to approval by the members in the ensuing Annual General Meeting scheduled on August 22, 2008. Further, the Company has fixed Book Closure from August 01, 2008 to August 22, 2008.

Peninsula Land Limited has informed the Exchange that the Board of Directors, at their meeting held on June 06, 2008 have recommended dividend as detailed below: i) 5% on the 5% Cumulative Redeemable Preference Shares of Rs. 10/- each (Rs. 0.50 per share). ii) 40% on Equity shares of Rs. 2/- each (Rs. 0.80 per share).

Berger Paints (I) Ltd has informed the Exchange that at the meeting held on June 06, 2008, the Board of Directors have recommended (subject to the approval of the Members at the Annual General Meeting to be held on 30th July, 2008) a Dividend @ 25% for the year ended March 31, 2008.

Hindustan Oil Exploration Co. Ltd has informed the Exchange that the Board of Directors at their meeting held on June 06, 2008 has recommended a dividend of Rs.1/- per equity share of Rs.10/- each for the financial year ended March 31, 2008.

Ponni Sugars (Erode) Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on June 06, 2008 have recommended a dividend of 6% on Equity Shares for the financial year 2007-08.

Sundram Fasteners Ltd has informed the Exchange that the Board of Directors of the Company in its meeting held on June 06, 2008 has decided to pay a second interim dividend of Re.0.45 per share (45%) for the financial year ended March 31, 2008.

The Dhanalakshmi Bank Ltd. has informed the Exchange that the Board of Directors of the Bank in its meeting held on June 06, 2008 has recommended a dividend of 10% for the year, subject to the approval of RBI.