Corporate announcements

Kabra Extrusion Technik Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on May 14, 2008 have recommended a dividend of 60% i.e. Rs.6 per share.

Shanthi Gears Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on May 14, 2008 have recommended 120% Dividend subject to approval of Shareholders.

Omnitech Infosolutions Limited has informed the Exchange that the Board of Directors of the Company, at their meeting held on May 13, 2008 have proposed a Dividend @ 12% for the Financial Year 2007-08 subject to the approval of shareholders in the ensuing AGM.

Apcotex Industries Limited has informed the Exchange that the Board of Directors of the company in their meeting held on May 13, 2008, have recommended Dividend @ 30% (Rs. 3.00 (Rupee Three only) per equity share of Rs. 10/- each) for the financial year 2007-2008, subject to approval of the shareholders in the ensuing Annual General Meeting.

Aarti Drugs Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on May 13, 2008 has recommended Final Dividend at the rate of Rs.1.80/- (18%) per equity share of Rs.10/- each for the financial year 2007-2008.

Dcm Shriram Consolidated Ltd has informed the Exchange that the Board of Directors in their meeting held on May 13, 2008 have recommended a final dividend of 20% amounting to Rs.7.77 crores (including dividend tax). In September 2007, the Company paid special interim dividend of 150% making the total dividend of 170% amounting to Rs.66 crores (including dividend tax).

Vardhman Holdings Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 13, 2008 have recommended dividend of 20% on paid-up equity share capital of the Company.

Gail (India) Limited has informed the Exchange that the Board of Directors of the Company in its meeting held on May 13, 2008 have recommended the payment of final dividend @ 60% on the paid-up equity share capital of the Company for the Financial Year 2007-08 ,if any, subject to approval of shareholders in the Annual General Meeting.

Usha Martin Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 13, 2008 has recommended the payment of Dividend of Re.1 per share on Equity Shares of Re.1 each of the Company.

Varun Shipping Co. Ltd. has informed the Exchange that the Board of Directors at the meeting held on May 13, 2008, recommended a final dividend of 20 per cent on the equity share capital of the company in addition to the two interim dividends of 15 per cent each, which have already been paid for the year ended March 31, 2008. The total dividend for the year works out to 50 per cent compared to 45 per cent in the previous year.

The Andhra Pradesh Paper Mills Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 12, 2008 has recommended a dividend of Re.1 per share on 257,33,555 equity shares of Rs.10/- each for the year ended March 31, 2008.

Indiabulls Real Estate Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 12, 2008 has recommended a dividend of Rs.13.50 per Equity share (675% on the face value of Rs.2 per Equity share) for the financial year ended March 31, 2008, subject to approval of shareholders at the ensuing Annual General Meeting of the Company.

Ghcl Limited has informed the Exchange that the Board of Directors of the company at its meeting held on May 10, 2008 has recommended dividend @ 24 % (Rs. 2.40 per share) for the financial year ended March 31, 2008.

Accel Frontline Limited has informed the Exchange that: "The Board of Directors of the Company at its meeting held on May 12, 2008 have declared an interim dividend of 15% (Rs.1.50/- per Equity share) out of the profits of the Company for the financial year ended March 31, 2008 to all the shareholders. The Board has also fixed, June 02, 2008 as the Record date for ascertaining the members who are entitled to receive the dividend".

Unichem Laboratories Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on May 12, 2008 has recommended dividend of Rs.5/- (100%) per equity share of Rs.5/- each, for the year ended March 31, 2008.

Sil Investments Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 12, 2008 have recommended a dividend of 10% (Re.1/- per share) for the year ended March 31, 2008.

Rashtriya Chemicals And Fertilizers Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on May 12, 2008 has recommended payment of final dividend @10% to the shareholders of the Company for the year 2007-08.

South Asian Petrochem Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 12, 2008 recommended declaration of dividend on the Equity Shares of the Company at Re.0.50 per share.

Graphite India Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 12, 2008 has recommended dividend @ Rs. 3/- per equity share of Rs.2/- each.

Blue Star Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 12, 2008 have recommended a dividend of Rs 7.00 per equity share of Rs.2.00 each inclusive of Re 1.00 as a special dividend (Previous year Rs 3.00 per equity share).

Dewan Housing Finance Corporation Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held May 12, 2008 has recommend Final Dividend @ 10% on the Equity Capital in addition to 15% Interim Dividend paid during the year.

Su-Raj Diamonds And Jewellery Limited has informed the Exchange the Board of Directors of the Company at its meeting held on May 09, 2008 have recommended payment of dividend @ Rs.2 per share (20%) for the financial year ended March 31, 2008 (April 1, 2007 to March 31, 2008).The proposed dividend is subject to the approval of the shareholders at the forthcoming Annual General Meeting.

Jai Corp Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 10, 2008 has recommended dividend 1) @ 1% on 1,50,00,000 Non Cumulative Non Participating Redeemable Preference Shares of face value Re.1/- each on pro-rata basis from the date of allotment till March 31, 2008 and 2) @ 100% on 4,90,16,610 Equity Share of face value of Re.1/- each.

Kewal Kiran Clothing Limited has informed the Exchange that the Board of Directors of the Company at its meeting held May 11, 2008 has recommended a Final Dividend @ 20% on 1,23,25,037 fully paid equity shares of Rs.10 each.

Power Finance Corporation Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 10, 2008 have recommended a final dividend of 10% on paid up capital of the Company, in addition to already declared interim dividend of 25% of the paid up capital, thereby making total dividend of 35% of the paid up capital of the Company for the financial year 2007-08.

Bharat Bijlee Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on May 09, 2008 has recommended a dividend of Rs.30 (300%) per equity share of Rs.10 each subject to the approval of shareholders at the ensuing Annual General Meeting.

Shalimar Paints Ltd has informed the Exchange that the Board of Directors at their meeting held on May 09, 2008 has recommended dividend @ Rs.7 per equity share of Rs.10/- each.

Asian Paints Limited has informed the Exchange that the Board of Directors of the Company, at their meeting held on May 09, 2008 have recommended the payment of final dividend of Rs.10.50 (Rupees ten and paise fifty only) per equity share of Rs.10/- each (105%) for the financial year ended March 31, 2008. Together with interim dividend of Rs.6.50 per equity share (65%) approved by the Board on 19th October, 2007, the total dividend aggregates to 170% for the financial year ended March 31, 2008.

Ptl Enterprises Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 09, 2008 have approved the following items: Recommendation to the members of the Company for their approval in the ensuing Annual General Meeting of the Company for declaration of dividend @ Rs.0.30 per equity share of Re.2/- each for the year ended March 31, 2008.

Kotak Mahindra Bank Limited has informed the Exchange that the Board of Directors of the Bank in its meeting held on May 09, 2008 have Recommended dividend @7.50%.

Aro Granite Industries Limited has informed the Exchange that the Board of Directors of the Company, at their meeting held on May 09, 2008 have 1) recommended a dividend of 15% for the year 2007-2008 for the Equity Shareholders of the Company subject to approval of shareholders at the Annual General Meeting. 2) recommended for issue of Bonus Shares in the ratio of 1:2 i.e. one fully paid equity share for every two equity shares held by the shareholders as on the record date to be fixed later on.

Apollo Tyres Ltd has informed the Exchange that the Board of Directors, at their meeting held on May 09, 2008 has recommended a dividend @ Re. 0.50 per share amounting to Rs. 252.01 Millions on Equity Shares of Re.1/- each as the Final dividend for the year.

Til Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on May 09, 2008 have recommended dividend @ 40% on Equity Shares (Rs.4/- on Equity Shares of Rs.10/- each).

Jb Chemicals & Pharmaceuticals Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on May 08, 2008 have recommended Dividend @ Re. 0.50 (25%) per Equity Share, on 8,43,26,350 equity shares of Rs.2/- each, for the financial year ended 2007-08. Further the Register of Members and Share Transfer Books will remain closed from July 05, 2008 to July 18, 2008 (both days inclusive) for the purpose of payment of Dividend for the Financial Year ended 2007-08.

Electrotherm (India) Ltd. has informed the Exchange that the Board of Directors of the Company at their meeting held on May 08, 2008 has recommended a dividend @ 6% i.e. Rs.0.60 per share on 6% Non-Cumulative Preference Shares and dividend @ 25% i.e. Rs.2.50 per share on equity shares subject to approval of members at the Annual General Meeting.

Elgi Equipments Ltd has informed the Exchange that the final dividend for the year 2007-08 will be made on August 07, 2008. Further the Company has submitted a copy of the financial information pursuant to clause Clause 20(b) of the Listing Agreement. The details 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/Elgi_cl20_08052008.zip target=NEW> For more details click here.</a>

Mm Forgings Ltd. has informed the Exchange that the Board of Directors, at their meeting held on May 08, 2008 have recommended a dividend of 50%. The Board also recommended the delisting of the Company's shares from Madras Stock Exchange Ltd.

Birla Corporation Ltd has informed the Exchange that the Board of Directors at their meeting held on May 08, 2008 has declared Dividend of Rs.4.00 per share (i.e. 40%) on 7,70,05,347 equity shares.

Premier Limited has informed the Exchange that the Board, at its meeting held on May 08, 2008 has recommended an equity dividend of 25%, i.e. Rs.2.50 per share (on face value of Rs.10/- each) for the year ended March 31, 2008 as against equity dividend of 20%, i.e. Rs.2/- per share paid for the previous year, subject to the approval of the shareholders.

Voltamp Transformers Limited has informed the Exchange that the Board of Directors at their meeting held on May 08, 2008, recommended dividend @ 125% (i.e. Rs.12.50 per share) for the Financial Year ended March 31, 2008.

Gic Housing Finance Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on May 08, 2008 has recommended a Dividend of 40% for the year 2007-08.

Supreme Infrastructure India Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 08, 2008 has recommended final dividend @ 10% and "Special Silver Jubilee Dividend @ 5%" making total dividend @ 15% for the year ended March 31, 2008.

Ashok Leyland Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on May 08, 2008 have recommended a dividend of 150% on the equity shares of the Company, for the year 2007-2008.

Barak Valley Cements Limited has informed the Exchange that the Board of Directors at their meeting held on May 07, 2008 has recommended Dividend @ 20% for the FY 2007-08 subject to the approval of shareholders.

Imp Power Ltd has informed the Exchange that by way of Circular Board Resolution the Board of Directors of the Company have approved the proposal for declaring the Interim Dividend on Equity Shares @ 5% payable to the Equity Share holders of the company. Further the Company has informed that the Board of Directors of Company has fixed May 21, 2008 as record date for the purpose of paying the interim dividend, to the members of the company whose name appear in the register of members on record date.

Mangalore Refinery And Petrochemicals Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on May 07, 2008 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, 2008.

Shree Cements Ltd has informed the Exchange that the Board has decided in the meeting held on May 07, 2008 to recommend members of the Company payment of dividend @ Rs.8.00 per share for the year 2007-08.

Batliboi Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 07, 2008 have recommended dividend on equity shares @ 20%.

Swaraj Engines Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on May 07, 2008 have recommended a dividend of Rs.5/- per share subject to the approval of the shareholders at the Annual General Meeting.

Universal Cables Ltd has informed the Exchange that the Board of Directors, at their meeting held on May 07, 2008 recommended payment of Dividend for the year @ Rs.2.40 per share (i.e 24%).