Corporate announcements

Rural Electrification Corporation Limited has informed the Exchange that the Board of Directors at the meeting held on May 26, 2008 has recommended dividend of 30% for the financial year 2007-08 subject to approval of the shareholders in the general meeting.

Shriram Transport Finance Co. Ltd. has informed the Exchange that the Board of Directors at its meeting held on May 26, 2008 :- (1) Recommended a final dividend of Rs.4 per equity share (i.e. 40%) for the year ended March 31, 2008. This is in addition to the interim Dividend of Re.1/- per equity share (i.e. 10%) already paid. (2) Decided to convene the Annual General Meeting on July 31, 2008. (3) Fixed Book Closure from July 26, 2008 to July 31, 2008 (both days inclusive) for the purpose of Annual General Meeting and payment of a final dividend, if declared by the shareholders at the ensuing

Ramkrishna Forgings Limited has informed the Exchange that the Board of Directors at their meeting held on May 26, 2008 has recommended a dividend of 10% for the year subject to approval by the shareholders of the Company.

Shiva Texyarn Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 26, 2008 have recommended a Dividend of 15% on Equity Shares.

Jmc Projects (India) Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on May 26, 2008 has recommended dividend @ 20% i.e. Rs. 2/- per equity share of Rs.10/- each on 18140290 Equity Shares for the financial year 2007-08, subject to approval of members.

Htmt Global Solutions Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on May 26, 2008 has recommended a Dividend of Rs.10 per share (100%) on the par value of Rs.10/- per share for the year ended March 31, 2008.

Everest Kanto Cylinder Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 26, 2008 inter-alia approved the following: (1) Recommended final dividend of 60% of the face value of shares (Rs.2/-) Rs.1.20 per share.

Elecon Engineering Co Ltd has informed the Exchange that the Board of Directors at its meetings held on May 26, 2008 have recommended 75% Dividend i.e. Rs.1.50/- per equity shares of Rs.2/- (excluding dividend distribution tax).

Omaxe Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 26, 2008 have recommended a final dividend of 25% on paid up Equity Share Capital subject to approval of shareholders.

Ess Dee Aluminium Limited has informed the Exchange that the Board of Directors of the Company at the meeting held on May 26, 2008 recommended a dividend of 20% on the equity shares.

Eimco Elecon (India) Ltd. has informed the Exchange that the Board of Directors at its meeting held on May 26, 2008 has recommended a dividend of 40% (Rs.4 Per Share) on 5768385 equity shares of Rs.10/- each for the year ended on March 31, 2008.

Kiri Dyes And Chemicals Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 24, 2008 has recommended dividend @15%, Rs. 1.50 per equity share of Rs. 10/- each subject to the approval of the members of the ensuing Annual General Meeting.

Take Solutions Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 25, 2008 the proposal to declare Dividend on the Equity Shares of the Company at 20% (Rs. 2/- per equity share) were approved and recommended to the shareholders for declaration of the same at the ensuing AGM. Preference Dividend at 5% on the Non Cumulative Redeemable Preference Shares (Rs. 0.50/- per preference shares)was also approved by the Board.

Cera Sanitaryware Limited has informed the Exchange that Board of Directors, at their meeting held on May 24, 2008 has recommended dividend of Rs.1.50 per equity share for the year 2007-08. Further, the Company has fixed Book Closure from September 01, 2008 to September 12, 2008 for the purpose of determining the right of Shareholders to receive dividend on Equity Shares for the year 2007-08.

Ai Champdany Industries Limited has informed the Exchange that the Board, at its meeting held on May 25, 2008 has recommended a dividend of 5% on equity share capital of the Company for the financial year ended March 31, 2008. The Board of Directors has also decided at the said meeting split of the equity shares of the Company from the face value of Rs.10/- each to Rs.5/- each (i.e. two equity shares of Rs.5/- each for one equity share of Rs.10/- each) subject to approval of the shareholder and such other approval as may be determined in the matter.

Hitech Plast Limited has informed the Exchange that at the Board Meeting held on May 24, 2008, the Board of Directors have recommended a dividend @10% (Rs.1.00 per share) on the equity shares of the Company for the year ended March 31, 2008, subject to approval of the members of the Company at the forthcoming Annual General Meeting.

Gulf Oil Corporation Limited has informed the Exchange that the Board, at its meeting held on May 24, 2008 recommended payment of Dividend @ Rs.1.50 per share for the year 2007-08, subject to the approval of shareholders at Annual General Meeting.

Rico Auto Industries Ltd has informed the Exchange that the Board, at its meeting held on May 24, 2008 recommended a dividend @ Re.0.60 (60%) per Equity Share of Rupee One each for the Financial Year ended March 31, 2008.

Bharat Heavy Electricals Ltd has informed the Exchange that the Board, at its meeting held on May 23, 2008 have recommended Final Dividend @ 62.5% on the paid up share capital of the Company, for the year 2007-08.

Vip Industries Ltd. has informed the Exchange that the Board, at its meeting held on May 23, 2008 has recommended a dividend of Rs.3/- per share for the financial year ended March 31, 2008. Further, the Company has fixed Book Closure from August 19, 2008 to August 29, 2008 for the purpose of Annual General Meeting and Payment of Dividend @ Rs.3/- per equity share.

India Glycols Ltd has informed the Exchange that the Board of Directors at its meeting held on May 23, 2008 have recommended payment of 40% (Rs. 4 per share) as dividend for approval of shareholders.

Transport Corporation Of India Limited has informed the Exchange that the Board of Directors, at their meeting held on May 23, 2008 has interalia approved/recommended the following matters: (i) Payment of Final Dividend @ 15% (Re. 0.30 per share). 2) Grant of 1,00,000 Options to eligible employees under the Employees Stock Option Scheme - 2006. 3) 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, 2008.

Munjal Showa Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on May 23, 2008 has considered and recommended a dividend @100% i.e. Rs.2/- per equity share of Rs.2 each for the financial year 2007-08.

Repro India Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 23, 2008 have recommended a dividend of 20% for the financial year ended March 31, 2008.

Minda Industries Limited has informed the Exchange that the Board of Directors at its meeting held on May 23, 2008 has recommended dividend @ 25% on equity shares and also recommended 9% dividend on Cumulative Redeemable Preference shares for the year 2007-08.

Geojit Financial Services Limited has informed the Exchange that the Board of Directors of the Company at its Meeting held on May 23, 2008 has recommended a Final Dividend of 70 paise per share (70.00 % on the face value of Re.1 per share) for the financial year 2007-08, subject to the approval of the Shareholders of the Company at the ensuing Annual General Meeting of the Company.

Meghmani Organics Limited has informed the Exchange that the Board of Directors at its meeting held on May 23, 2008 have recommended a dividend of Rs.0.30 (30%) per share of Rs.1/-each.

The Federal Bank Ltd has informed the Exchange that the Board of Directors at its meeting held on May 23, 2008 have recommended a dividend of 40% on equity shares.

Itc Ltd. has informed the Exchange that the Board of Directors at its meeting held on May 23, 2008 has recommended a dividend of Rs. 3.50 per Ordinary Share of Re. 1/- each for the financial year ended March 31, 2008 and the dividend, if declared, will be paid on or after July 31, 2008 to those members entitled thereon. Further the Company has informed that the Register of Members of the Company shall remain closed from July 18, 2008 to July 30, 2008, both days inclusive. The Annual General Meeting of the Company has been convened for July 30, 2008.

City Union Bank Ltd. has informed the Exchange that the Board of Directors of the Bank at its meeting held on May 23, 2008 has recommended a dividend @20% on the equity shares for the financial year 2007-2008.

Moser-Baer (I) Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on May 22, 2008 has recommended a dividend @10% on the paid-up Equity Share Capital of the Company.

Balaji Telefilms Ltd. has informed the Exchange that the Board of Directors at its meeting held on May 22, 2008 has recommended a final dividend of Rs. 3.5 per share (170% on par value of Rs. 2 per share) for the fiscal year ended March 31, 2008, amounting to Rs. 2282.37 lakhs.

Dalmia Cement (Bharat) Ltd has informed the Exchange that the Board of Directors at its meeting held on May 22, 2008 has decided to recommend a final dividend of Rs. 1.50 per Equity Share of Rs 2/- each for the financial year ended on March 31, 2008 in addition to interim dividend of Rs. 2.50 per Equity Share of Rs. 2/- each disbursed in February, 2008.

Dishman Pharmaceuticals And Chemicals Limited has informed the Exchange that the Board of Directors at its meeting held on May 22, 2008 has recommended the final dividend @ 50% for the Financial Year 2007-08 on the paid-up equity share capital of the company.

Apollo Sindhoori Capital Investments Limited has informed the Exchange that a meeting of the Board of Directors as scheduled was held on May 22, 2008 and the following matters were decided:- 1) The Board recommended Stock Split of Equity Share Capital of the Company from face value of Rs.10/- into Re.1/- each and has decided to seek members approval through Postal Ballot. 2) The Board has recommended final dividend of Re.1/- per share on 55,40,000 Equity Shares in addition to Rs.7/- already paid as interim dividend.

Cummins India Ltd. has informed the Exchange that the Board of Directors, at their meeting held on May 22, 2008 have recommended final dividend of 130% (One Hundred and Thirty Percent) i.e. Rs. 2.6/- (Two Rupees Sixty Paise Only) per share on equity shares of Rs. 2/- each fully paid up for the year ended March 31, 2008, in addition to the interim dividend of 100% (One Hundred Percent) declared on January 30, 2008, taking total dividend (interim & final) for the financial year 2007-08 to 230%. Further, the Company has fixed Book Closure from July 19, 2008 to July 24, 2008 (both days inclusive)

Core Projects And Technologies Limited has informed the Exchange that the Board of Directors at its meeting held on May 22, 2008, recommended a Dividend at the rate 10% (Re. 0.20 per Equity Share of Rs. 2/- each).

Somany Ceramics Limited has informed the Exchange that the Board of Directors of the company at its meeting held on May 22, 2008 has recommended a dividend of Re 1/- i.e. 10% on equity shares of Rs. 10 each for the year ended March 31, 2008 subject to the approval of shareholders at the ensuing Annual General Meeting.

Havells India Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 22, 2008 has recommended a Final Dividend @ 50% for the financial year 2007-08 (i.e. Rs. 2.50 per equity share of Rs.5/- each).This would result in appropriation of Rs.16.94 Crores (including Corporate Dividend Tax of Rs.2.46 Crores) out of the profits.

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

Garware Wall Ropes Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on May 22, 2008 has recommended Dividend 25% on Equity Share Capital (Rs. 2.50 per share on 21712350 Equity Shares of Rs. 10/- each).

The Sirpur Paper Mills Ltd has informed the Exchange that the Board of Directors at its meeting held on May 21, 2008 have recommended a dividend of Rs. 3.50 per ordinary share for the year ended March 31, 2008, subject to approval of shareholders.

Hercules Hoists Limited has informed the Exchange that the Board of Directors at its meeting held on May 21, 2008 has recommended a dividend of Rs. 20 per share, subject to the approval of the shareholders.

Gabriel India Ltd has informed the Exchange that the Board of Directors in their meeting held on May 21, 2008 have recommended a final dividend of 40% amounting to Rs.0.40 per share of Re.1/- each subject to approval of shareholders.

Thermax Ltd has informed the Exchange regarding the outcome of the meeting of the Board of Directors held on May 21, 2008 details of which are as under: (1) Dividend has been recommended for the financial year 2007-2008 Rs.8/- per share (400 percent %), subject to approval of the shareholders at the Annual General Meeting. (2) The Annual General Meeting of the Company will be held on July 22, 2008.

Mukand Limited has informed the Exchange that the Board of Directors at their meeting held on May 20, 2008, have recommended a dividend of Re. 1/- per equity share subject to the approval of the Shareholders.

Surya Roshni Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on May 21, 2008 has recommend 15% dividend (Rs. 1.50 per share) on the paid-up Equity Shares capital of the Company for the year 2007-2008.

Maharashtra Scooters Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on May 21, 2008 has recommend a Dividend of Rs.6.00 per share (60%) subject to the approval of shareholders.

Bajaj Auto Finance Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on May 21, 2008 have recommended a Dividend of Re. 1/- per share (10%) for the year 2007-2008 (Previous year: 30%).

Housing Development And Infrastructure Limited has informed the Exchange that the Board, at its meeting held on May 21, 2008 has considered and approved following matters subject to approval of the shareholders: a) Payment of Final Dividend of Rs. 3/- per share. b) Issue of Bonus Shares in the proportion of 2 (two) new equity shares for every 7 (seven) equity shares held.