Corporate announcements

Aegis Logistics Limited has informed the Exchange that the Board of Directors at its meeting held on May 29, 2008 has recommended dividend at Rs 2.00 per share (Previous Year Rs.2.50 per Share) for approval of Shareholders.

Gtn Textiles Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 29, 2008. (1) The Board of Directors has recommended a dividend @ 6% on the paid up equity shares subject to the approval of the shareholders. (2) Annual General Meeting of the Company has been convened on July 25, 2008. (3) Book Closure has been fixed from July 19, 2008 to July 25, 2008 (inclusive of both days).

Datamatics Technologies Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 29, 2008 has recommended 15% dividend on the equity shares for the financial year ended on March 31, 2008.

Aarti Industries Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on May 29, 2008 has declared final dividend @ Rs. 0.50 ps. (10%) per share for the financial year 2007-2008.

Ipca Laboratories Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on May 29, 2008 has recommended a final dividend of Rs.4.50 per share (45%) for the financial year 2007-08. Together with the interim dividend of Rs.3.50 per share (35%) already declared and paid, the total Dividend for the financial year amounts to Rs.8/- per share (80%).

Orchid Chemicals & Pharmaceuticals Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on May 29, 2008 has recommended a dividend of 30% (Rs.3/- per share) on the equity share of Rs.10/- each.

Hyderabad Industries Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on May 29, 2008 have recommended a dividend @50% being an amount equivalent to Rs.5/- per Share on the Equity Share of Rs.10/- each, for the consideration and approval of shareholders, at the ensuing Annual General Meeting of the Company.

Ntpc Limited has informed the Exchange that the Board of Directors at its meeting held on May 29, 2008 have recommended final dividend @ 8% of paid up equity share capital in addition to the interim dividend paid @27% of paid up equity share capital in February 2008.

Hindustan Petroleum Corporation Ltd. has informed the Exchange that the Board of Directors at their meeting held on May 29, 2008 has recommended final dividend of 30%.

Larsen & Toubro Limited has informed the Exchange that the Board of Directors of the Company in its meeting held on May 29, 2008 have recommended a Dividend of Rs.15/- per share which together with the Special dividend of Rs.2/- per share declared on July 03, 2007,works out Rs.17/- per share for the year (previous year Rs.13/- per share).

Bharat Gears Ltd has informed the Exchange regarding the outcome of Board meeting held on May 28, 2008. In the said meeting board has : (A) recommended dividend of Rs.193.60 lacs on the cumulative preference shares of the Company which includes dividend for the current year @ 10% and arrears of cumulative preference dividend of Rs.172.75 lacs. (B) recommended dividend @ 10% out of the profit of the Company, for the financial year ended March 31, 2008 on 78,17,833 equity shares of the Company.

Pidilite Industries Ltd has informed the Exchange that a meeting of the Board of Directors of the Company was held on May 28, 2008 and the Board has inter-alia considered/approved the following: (1) Equity Dividend : The Directors recommend the payment of a dividend of Rs.1.75 per Equity Share of Re.1 each (previous year Rs.1.50 per Equity Share of Re 1 each), amounting to Rs.442.9 million (previous year-Rs.378.6 million) out of the Current Year's profit on Equity Shares of Rs.1 each. The dividend for the current year will be free of tax in the hands of Shareholders. The Dividend payout amount

Britannia Industries Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on May 28, 2008 has recommended a dividend of 180% (Rs. 18/- share of face value Rs.10) for the financial year ended March 31, 2008 free of tax in the hands of the shareholders.

Indian Hume Pipe Co. Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on May 28, 2008 have recommended payment of Dividend @ 70% subject to approval of shareholders for the financial year 2007-08 (Previous year 60%).

Jm Financial Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 28, 2008 have recommended a dividend of 50% (Rs.5 per share). Further, the Board has also recommended a special dividend of 200% (Rs.20 per share) considering an exceptional income, being the profit on sale of 49% equity stake in Morgan Stanley India Company Private Limited (MSICPL) to Morgan Stanley.

Godrej Industries Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on May 28, 2008 has declared Final Dividend of Rs.1.25 per share (125% on the face value of Re.1/- each), for the Financial Year 2007-08.

Adani Enterprises Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 28, 2008 has recommended a Equity dividend @ 60% for the year 2007-08.

Ucal Fuel Systems Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on May 28, 2008 has recommended Dividend of 10% for the year 2007-08.

Bank Of Maharashtra has informed the Exchange that the Dividend recommended by the Board of Directors at their meeting held on April 30, 2008 would be paid subject to approval by the shareholders in the Annual General Meeting scheduled on June 09, 2008. The mailing of dividend warrants dated June 18, 2008 would commence on June 14, 2008. Dividend amount would be credited on June 18, 2008 to the account of those shareholders who have opted for payment by way of ECS.

Aries Agro Limited has informed the Exchange that the Board of Directors at their meeting held on May 28, 2008 have decided to make the payment of interim dividend of 12% (Rs. 1.20 per equity share of Rs. 10/- each). 2) The Record date for ascertaining the List of Shareholders has been fixed to June 14, 2008. 3) The Dividend Warrants shall be payable on or after June 24, 2008.

Mundra Port And Special Economic Zone Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 28, 2008 has recommended Final Dividend @ 15% for Shareholders approval in Annual General Meeting.

Emami Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 28, 2008 has proposed Dividend of Rs. 4.50 per share, i.e. 225% on the share capital of the Company.

Monsanto India Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 28, 2008 have recommended final dividend of Rs.15/- per share for the year ended March 31, 2008.

Harrisons Malayalam Ltd has informed the Exchange that the Directors of Company at their meeting held on May 28, 2008 have recommended a Dividend of 15% for the year ended March 31, 2008.

Tata Motors Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 28, 2008 has recommended a dividend of Rs.15/- per share (Rs.15/- per share for FY 06-07) on Ordinary Shares for the FY 2007-08.

Icra Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 28, 2008 has recommended payment of dividend of Rs. 5.00 per Equity Share of the face value of Rs.10 each. In addition, Special Dividend of Rs.5.00 per Equity Share is also recommended by the Board. These are subject to approval of the Shareholders of the Company.

Ivr Prime Urban Developers Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 28, 2008 have recommended a maiden dividend of 40% i.e. Rs.4/- per share on paid up equity shares, subject to the approval of the members.

Ivrcl Infrastructures & Projects Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on May 28, 2008 has recommended dividend for the year 2007-08 @70% i.e. Rs. 1.40 per equity share of Rs.2/- each.

Mahindra & Mahindra Ltd. has informed the Exchange that the Board of Directors of the Company at its Meeting held on May 28, 2008 have recommended a Dividend of 115% aggregating Rs.11.50 per Ordinary (Equity) Share of the face value of Rs.10 each. The Annual General Meeting of the Company will be held on July 30, 2008.

Indian Oil Corporation Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on May 28, 2008 has recommended dividend @ 55%.

Hindustan Dorr-Oliver Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on May 28, 2008 have recommended a dividend of 30% on Equity Shares of the Company for the year ended March 31, 2008, subject to the approval of the shareholders.

Visa Steel Limited has informed the Exchange that the Board of Directors at its meeting held on May 28, 2008 has recommended a Dividend of 10% , to the shareholders of the Company.

Pae Limited has informed the Exchange that the Board of Directors, at their meeting held on May 27, 2008 have recommended a dividend of 15% for the year ended as on March 31, 2008 subject to the approval of the shareholders.

Bajaj Auto Limited has informed the Exchange that the Board of Directors at their meeting held on May 22, 2008 has recommend a dividend of Rs.20 per share (200%) subject to approval of shareholders.

Bajaj Finserv Limited has informed the Exchange that the Board of Directors at their meeting held on May 21, 2008 has recommended a dividend of Rs.1 per share (20%). The total amount of dividend and tax thereon amounted to Rs.169 million.

Tata Coffee Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 27, 2008 has recommended a dividend of Rs.7/- per Share on the paid up Equity Capital of the Company for the year ended March 31, 2008.

Ece Industries Limited has informed the Exchange that the Board of Directors at their meeting held on May 27, 2008 has recommended a dividend @ 25% (Rs.2.50 per share) on equity shares for the year ended March 31, 2008.

Neyveli Lignite Corporation Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 27, 2008 have declared a final dividend @ 10% (ten) for the financial year ended March 31, 2008. Further the Company has submitted a copy of the Statement of Appropriation for the year ended March 31, 2008.The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Neyveli_clause_27052008.zip target=NEW> For more

Gwalior Chemical Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 27, 2008 has recommended a dividend @ 12% i.e. Re. 1.20 per share of Rs. 10/- each for the financial year 2007-08, subject to approval of members.

Oriental Hotels Ltd has informed the Exchange that the Board of Directors at its meeting held on May 27, 2008 has recommended a dividend of Rs.10.5 (105%) per equity share for the financial year ended March 31, 2008.

Surana Corporation Limited has informed the Exchange that the Board of Directors of the Company had met on May 03, 2008 and decided there as follows the Register of Members and Share Transfer Book be and is hereby closed on June 02, 2008 for the purpose of Dividend to be approved in the AGM scheduled to take place on June 02, 2008. The Board has recommended a dividend of 12% for the financial year 2007-08.

Opto Circuits (India) Limited has informed the Exchange that: The Company has recommended payment of 50% Dividend, subject to Share Holders approval in the Annual General Meeting. Further, the Company has recommended to issue Bonus Shares of 7 shares for every 10 shares held, subject to Share Holders approval in the Annual General Meeting.

Jindal Steel & Power Ltd. has informed the Exchange that the Board of Directors at its meeting held on May 27, 2008 has recommended final dividend @ 250% i.e. Rupees 2.50 per equity share of Re.1/- each on 15,39,61,340 equity shares.

Plethico Pharmaceuticals Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 27, 2008 has recommended dividend @25% i.e. Rs.2.50 per equity share of the Company.

Emco Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 27, 2008 have recommended a dividend of Rs.1.40 per share (70%) on the equity shares of the Company for the financial year 2007-08, subject to the approval of Members of the Company.

Bajaj Electricals Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 27, 2008 has recommended a dividend of 80% for the year ended March 31, 2008 on the Equity Shares, subject to the approval of the shareholders in the ensuing Annual general Meeting.

Sundaram Finance Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on May 27, 2008 has recommended a final dividend of 50% for the financial year ended March 31, 2008 on the paid-up capital of Rs.27.78 Cr. This, together with the interim dividend of 100% paid on May 19, 2008 will make a total dividend of 150% for the financial year ended March 31, 2008.

Eclerx Services Limited has informed the Exchange that "The Board of Directors have proposed a final dividend of Rs.2 per Equity Share of Rs.10 each at the Meeting of the Board of Directors of the Company held on May 26, 2008.

Kalpataru Power Transmission Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on May 26, 2008 has recommended payment of dividend @75% (Rs.7.50 per equity share of Rs.10/- each) to the shareholders of the Company.

Lakshmi Vilas Bank Ltd has informed the Exchange that the Board of Directors of the Bank at its meeting held on May 26, 2008 have recommended a Dividend @15% for the year 2007-2008 on the equity shares subject to approval of shareholders at the ensuing Annual General Meeting of the Bank.