Corporate announcements

Industrial Development Bank Of India Limited has informed the Exchange that Dividend at Rs.2 per share on equity shares has been recommended by the Board, at its meeting held on April 26, 2008, for adoption by the Shareholders.

Tata Metaliks Ltd has informed the Exchange that the Board of directors at its meeting held on April 26, 2008 has recommended a dividend of 70% for the year 2007-08. (2006-07 - 60%).

Corporation Bank has informed the Exchange that the Board of Directors at its meeting held on April 26, 2008 have recommended a final dividend of Rs. 6/- per share of Rs. 10/- each for the year 2007-08 subject to approval of the shareholders in the Annual General Meeting to be held on August 08, 2008. With this, the total dividend payout by the Bank for the year 2007-08, including the interim dividend of Rs. 4.50/- per share of Rs. 10/- each already paid will be Rs. 10.50 per share of Rs. 10/- each. Further the Bank has informed that the Board has fixed June 19, 2008 to June 21, 2008 (both day

Vijaya Bank has informed the Exchange that the Board of Directors of the Bank at its meeting held on April 26, 2008, the Board has recommended a final dividend of 20%, for the financial year 2007-2008.

Alembic Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on April 25, 2008 has recommended dividend @ 75% (i.e. Rs. 1.50 per Equity Share) on 13,84,54,905 Equity Shares of Rs 2/- each for the year ended on March 31, 2008 (Previous Financial Year Rs.1 per Equity Share i.e. @ 50%).

3i Infotech Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on April 25, 2008 has recommended equity dividend of Rs.1.50 per share of face value of Rs.10/-each subject to the approval of the shareholders

Cholamandalam Dbs Finance Limited has informed the Exchange that the Board of Directors at its meeting held on April 25, 2008 has recommended to the shareholders for approval a dividend of 40% (Rs. 4/- per share) on the equity shares. Further, the Annual General Meeting of the company will be held on July 30, 2008. The company has fixed the Book Closure from July 25, 2008 to July 30, 2008 (both days inclusive).

Wendt (India) Ltd. has informed the Exchange that the Board of Directors at its meeting held on April 25, 2008 have recommended a dividend of 200% (which includes additional special dividend of 50% on the conclusion of Silver Jubilee year) ie Rs 20 per share of face value of Rs 10/- each.

Shopper'S Stop Limited has informed the Exchange that the Board of Directors of the Company at its meeting held April 25, 2008 has recommended dividend of 15% on the Equity Share Capital of the Company, subject to necessary approval by members in the ensuing Annual General Meeting.

Mahindra Lifespace Developers Limited has informed the Exchange that the Board of Directors at its meeting held on April 25, 2008 have recommended dividend as under :- 1) 10.50% on 1,000,000 Non-Cumulative Redeemable Preference Shares of Rs. 100 each; 2) 25% on 40,808,350 Equity Shares of Rs. 10 each.

Brigade Enterprises Limited has informed the Exchange that the Board of Directors of the company in its meeting held on April 25, 2008 interalia took the following decisions : 1) A dividend of Rs. 2/- per equity share (20%) has been recommended by the Board of Directors. 2) The Annual General Meeting of the company is scheduled on June 27, 2008. 3) The Register of Members and Share Transfer Books of the Company shall be closed from June 20, 2008 to June 27, 2008 (both days inclusive) for the purpose of the dividend to be declared in the annual general meeting.

Kale Consultants Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on April 25, 2008 has recommended a dividend of Rs.0.75 per equity share subject to the approval of the shareholders at the ensuing Annual General Meeting.

Jayshree Tea & Industries Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on April 25, 2008 have recommended a dividend for the year 2007-08 @ 25% i.e. Rs. 2.50 (Rupees Two & paise fifty only) per share on equity share capital of Rs. 10.67 crore. The Share Transfer Book shall remain closed from June 20, 2008 to June 27, 2008 (both days inclusive) for the puspose of Annual General Meeting shceduled to be held on June 27, 2008 and for the payment of dividend.

Jaiprakash Hydro-Power Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on April 25, 2008 have recommended final dividend of Re. 0.75 per share (7.5%) amounting to Rs. 36.82 crores (excluding Dividend Distribution Tax of Rs. 6.26 crores) in addition to the interim Dividend of Re. 0.75 (7.5%) amounting to Rs. 36.82 crores (excluding dividend distribution tax of Rs. 6.26 crores) paid in August, 2007 in respect of the Financial Year ended March 31, 2008. Thus the total Dividend for the year ended March 31, 2008 would be 15% aggregating to Rs. 73.64

Titan Industries Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on April 25, 2008 have recommended a dividend on the equity shares of 80% free of tax. (previous year: 50%, free of tax).

Andhra Bank has informed the Exchange that the Board of Directors of the Bank at its meeting held on April 25, 2008 has recommended a final dividend of 20% in addition to interim dividend of 20% paid already for the year 2007-08.

Lic Housing Finance Ltd has informed the Exchange that the Board of Directors at its meeting held on April 25, 2008 has recommended a final dividend of Rs. 10/- per equity share of Rs. 10/- each (100%) for the year subject to approval of the members of the company at the forthcoming Annual General Meeting.

Hindustan Construction Co. Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on April 25, 2008 has recommended a Dividend of Re.0.80 per equity share.

Central Bank Of India has informed the Exchange that the Board of Directors of the Bank at its Meeting held on April 24, 2008 has recommended final Dividend @ 20% (i.e., Rs. 2/- per share) for the financial year 2007-08.

Prime Securities Limited has informed the Exchange that the Board of Directors of the Company at its Meeting held on April 24, 2008 has recommended a Final Dividend of 15% (i.e. Re 0.75 per Equity Share of face value of Rs. 5/- each) for the year ended March 31, 2008.

State Bank Of Travancore has informed the Exchange that "Dividend @ 100% will be paid to the shareholders of the Bank on 22nd May 2008. The Dividend was declared at the Board meeting of the Bank held on 22.4.2008."

Hero Honda Motors Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held April 24, 2008 has considered and recommended a dividend @ 950% i.e. Rs 19/- per equity share of Rs.2/- each for the financial year 2007-08.

Indiabulls Financial Services Limited has informed the Exchange that the Board of Directors of the Company, at its meeting held on April 24, 2008 has recommended a dividend of Rs.8.50 per Equity share (425% on the face value of Rs.2 per Equity share) for the financial year ended March 31, 2008, subject to approval of the shareholders of the Company at the ensuing Annual General Meeting of the Company.

Hindustan Zinc Ltd. has informed the Exchange that the Board of Directors of the Company in its meeting held on April 24, 2008 had recommended final dividend @ 25% for the year 2007-2008.

Hcl Infosystems Ltd has informed the Exchange that the Board of Directors at their meeting held on April 24, 2008 has approved the payment of 3rd interim dividend @ 100% for the year 2007-2008 on the paid up share capital of the company.

Zensar Technologies Limited has informed the Exchange that the Board of Directors at their meeting held on April 24, 2008 have proposed a dividend of Rs. 3.80 per share (38% on Equity Share of par value of Rs. 10 each) subject to the approval of the shareholders.

Eid Parry India Ltd. has informed the Exchange that the Board of Directors have recommended a dividend of 25% (Re. 0.50 per Share) on the equity capital for the year ended March 31, 2008.

Hinduja Ventures Limited has informed the Exchange that : "The Board of Directors of the Company at their Meeting held on 24th April, 2008, inter alia, has considered and approved the following : 1) Payment of Interim Dividend of Rs. 10/- per equity share of Rs. 10 each for financial year 2007-2008. 2) The record date as 9th May, 2008 to determine the shareholders entitled for the payment of the Interim Dividend for financial year 2007-2008."

Nicholas Piramal India Ltd. has informed the Exchange that the Board of Directors at their meeting held on April 24, 2008 has recommended dividend @ 210% (i.e. Rs. 4.20 per equity shares of face value of Rs. 2/- each) for the Financial Year ended March 31, 2008. Further the Company has informed the Exchange that the Register of Members and Share Transfer Books shall remain closed from June 18, 2008 to June 26, 2008 (both days inclusive) for the purpose of declaration of dividend. Board has also fixed the date for the Annual General Meeting (AGM) of the Company on June 26, 2008.

Hdfc Bank Ltd has informed the Exchange that the Board of Directors, in its meeting held on April 24, 2008 have recommended dividend of Rs.8.50 per equity share of Rs.10/- each (i.e. 85%) out of the net profits for the year ended March 31, 2008.

Marico Limited has informed the Exchange that the Board of Directors of the Company in its meeting held on April 24, 2008 has declared a Third Interim Dividend of 37% on 60.9 Crore Equity shares of Re.1/- each for the financial year 2007-08.

Il&Fs Investment Managers Limited has informed the Exchange that the Board of Directors of the Company in its meeting held on April 24, 2008 has recommended a dividend of 55%.

Maruti Suzuki India Limited has informed the Exchange that the Board of Directors of the Company at its Meeting held on April 24, 2008 has recommended a dividend of 100 per cent for 2007-08. (Fiscal 2006-07: 90 per cent).

Everest Industries Limited has informed the Exchange that the Board of Directors in its meeting held on April 23, 2008 has recommended a dividend @ 40% (Rs 4/- per share) for the Financial Year 2007-08 subject to the shareholder's approval.

Aventis Pharma Limited has informed the Exchange that the Board of Directors had, at its meeting held on February 21, 2008, recommended a Final dividend of Rs.12.50 per Equity share of Rs.10 for the year ended December 31, 2007. The dividend, if declared at the Annual General Meeting to be held on April 24, 2008, will be paid on or after April 25, 2008.

Polaris Software Lab Limited has informed the Exchange that the Board of Directors of the Company at its Meeting held on April 23, 2008 has recommended dividend of 30% (Re. 1.50/- per share) on the Equity Share Capital of the Company for the financial year 2007-08.

Advani Hotels & Resorts (India) Limited has informed the Exchange that at the meeting of the Board of Directors of the Company held on April 23, 2008, inter alia the following decisions were taken : (1) The Directors have declared an interim dividend of 20% on the paid up Equity Share Capital of the Company and the record date for the same has been fixed for May 09, 2008. (3) The Directors have after discussions, for the time being agreed to defer the matter relating to issue of securities to promoters and others to part-finance the refurbishment of the Hotel.

Cosmo Films Ltd has informed the Exchange that the Board of Directors of the Company at its Meeting held on April 23, 2008 has recommended Dividend of Rs.5/- per equity share (50%) for the year 2007-08.

Indian Bank has informed the Exchange that the Board of Directors of the Bank at its Meeting held on April 23, 2008 has recommended a dividend of 30% on the Equity Share Capital and 8.75% on the Preference Share Capital for the year 2007-08.

Nippo Batteries Co. Limited has informed the Exchange that the Board of Directors of the Company at its Meeting held on April 23, 2008, a dividend of 200% for the financial year ended March 31, 2008 was recommended on the paid-up capital of Rs. 3,75,00,000/-.

Oriental Bank Of Commerce has informed the Exchange that the Board of Directors of the Bank in the meeting held on April 23, 2008 have recommended Dividend @ 47% for 2007-08.

Kirloskar Oil Engines Ltd. has informed the Exchange that the Board of Directors at its meeting held on April 23, 2008 have recommended final dividend, subject to the approval of the Members in the Annual General Meeting, @ 50% on the Equity Shares of the Company for the year 2007-08 i.e. Re.1 per Equity Share of Rs. 2 each, and shall be paid through Electronic Clearing System (ECS) or vide our dividend warrant, as the case may be. This is in addition to the Interim Dividend @ 50% declared at the Board Meeting held on January 18, 2008.

Exide Industries Ltd. has informed the Exchange that the Board at its meeting held on April 22, 2008 has recommended dividend of 40% (Re 0.40 per share on face value of Re 1/- per share) for the financial year ended March 31, 2008, subject to approval of the shareholders at the ensuing Annual General Meeting. The Annual General Meeting of the Company would be held on July 25, 2008. Further the Company has informed the Exchange that the Register of Members and Share Transfer Books shall remain closed during the period from July 18, 2008 to July 25, 2008 (both days inclusive) for the purpose of

Mahindra & Mahindra Financial Services Limited has informed the Exchange that the Board of Directors of the Company at its Meeting held on April 22, 2008, has recommended a Dividend @ 45% i.e. Rs. 4.50 per Equity Share of the face value of Rs. 10 each to the shareholders of the Company for the financial year ended March 31, 2008. Further, the Company has informed that the Register of Members and Share Transfer Books of the Company will remain closed for payment of dividend and Annual General Meeting from June 28, 2008 to July 23, 2008, both days inclusive. Further, the Company has informed the

Bihar Caustics And Chemicals Ltd has informed the Exchange that the Board of Directors in its meeting held on April 22, 2008 has recommended payment of dividend @ 15% on equity capital of the Company subject to approval by shareholders in the Annual General meeting.

Jubilant Organosys Limited has informed the Exchange that the Board of Directors of the Company at its Meeting held on April 22, 2008 has recommended a dividend of Rs. 1.50 per equity share of Re. 1 totaling to Rs. 256.55 million, subject to approval in Annual General Meeting.

Kirloskar Brothers Limited has informed the Exchange that subject to the approval of shareholders at the ensuing annual general meeting, Board of Directors of the Company at its Meeting held on April 22, 2008 has recommended payment of final dividend of Rs. 4/- (Rupees Four only) (200%) on equity shares of Rs. 2/- each for the financial year ended March 31, 2008.

Ultratech Cement Limited has informed the Exchange that the meeting of the Board of Directors of the Company held on April 22, 2008 have recommended a final dividend of Rs. 5 per equity share of Rs. 10/- each for the year ended March 31, 2008. The payment is subject to the approval of the shareholders in the ensuing AGM of the Company.

Foseco India Ltd has informed the Exchange that the Board of Directors of the Company, at their meeting held on April 22, 2008 have declared an interim dividend of Rs.1.50/- per equity share of Rs.10/- for the year 2008. The payment of the said interim dividend shall be payable at par at selective branches of HDFC Bank within 30 days from the date of declaration of dividend.

Coromandel Fertilisers Ltd. has informed the Exchange that the Board of Directors, at their meeting held on April 22, 2008 recommended a Dividend of 175% for the year ended March 31, 2008. For this purpose, the Register of Members and Share Transfer Books of the Company will remain closed from July 16, 2008 to July 22, 2008. The Board, at the meeting, also decided to convene the Annual General Meeting (AGM) of the Company on July 22, 2008.