Corporate announcements

Rain Calcining Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on May 30, 2007, approved the following : (1) Recommended Dividend @ 10% on the paid up Equity Share capital of the Company i.e. Rs 1/- per Equity Share for the year 2006-2007. (2) Re-appointed Mr. Y. Santosh Kumar Reddy as Executive Director for a period of 5 years with effect from May 30, 2007.

Apar Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 30, 2007 have recommended Final Dividend @ Rs.2.00 (20%) per share on 32,336,031 Equity shares of Rs.10.00 each for the Financial Year 2006-2007. This recommendation is over and above the interim Dividend @ Rs.1.50(15.00%) per share already paid on 24,252,023 Equity Shares of Rs.10/- each.

Shriram Transport Finance Co. Ltd. has informed the Exchange that the Board of Directors at their meeting held on May 30, 2007 recommended 20% as Final Dividend for the year ended March 31, 2007. This is in addition to the Interim Dividend of 10% declared by the Board in November 2006.

Pae Limited has informed the Exchange that at the Meeting of Board of Directors of the Company held on May 30, 2007, the Board has recommended final dividend of 10% on the equity shares of the Company for the year ended March 31, 2007 subject to the approval of shareholders at the Annual General Meeting.

Engineers India Limited has informed the Exchange that the Board of Directors of Engineers India Limited in their meeting held on May 30, 2007 has recommended 60% as final dividend on the Paid up Share Capital. The total dividend for the year 2006-2007 works out at 95% of paid up share capital including an interim dividend @ 35%. The above is subject to the approval of the Shareholders in AGM.

Birla Corporation Ltd has informed the Exchange that the Board of Directors of the Company at its Meeting held on May 30, 2007 has declared Dividend of Rs.3.50 per share (i.e. 35%).

Sundaram Finance Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on May 30, 2007 has recommended a final dividend of 20% for the financial year ended March 31, 2007 on the paid-up capital of Rs.27.78cr. This, together with the interim dividend of 85% paid on March 30, 2007 will make a total dividend of 105% for the financial year ended March 31, 2007.

Ntpc Limited has informed the Exchange that the Board of Directors of the company's at its meeting held on May 30, 2007 have recommended final dividend @8% of paid up equity share capital in addition to the interim dividend paid @24% of paid up equity share capital in February 2007.

Kamat Hotels (I) Ltd has informed the Exchange that the Board of Directors at its meeting held on May 30, 2007 have recommended payment of dividend @25% for the year ended on March 31, 2007 subject to approval of the shareholders.

Tata Chemicals Ltd. has informed the Exchange that the Board of Directors at its meeting held on May 30, 2007 have recommended payment of dividend at Rs.8 per share aggregating to Rs.201.33 crores (previous year Rs.171.69 crores @ Rs.7 per share) including dividend tax.

Madras Cements Ltd. has informed the Exchange that at the Meeting of the Board of Directors held on May 30, 2007 have recommended a final dividend of Rs.10/- per share. Together with the 1st Interim dividend of Rs.7.50 per share and 2nd Interim dividend of Rs.7.50 per share paid already, the total dividend for the year 2006-07 is Rs.25/- per share.

Britannia Industries Ltd has informed the Exchange that the Board of Directors resolved to recommend to the members of the Company at its AGM, the declaration of dividend on the issued and paid up share Capital of the Company for the year ended March 31, 2007 at the rate of Rs.15/- per equity share of Rs.10/- each (rupees fifteen per share only).

Adhunik Metaliks Limited has informed the Exchange that the Boards of Directors of the Company's at its meeting held on May 29, 2007 has recommended a dividend @10% on the equity shares of the Company for the year ended March 31, 2007.

Pricol Limited has informed the Exchange that the Board of Directors have recommended a Dividend of 100% (Re.1/- per share of Re. 1/- each) on the paid up capital of Rs.90 million (Previous year dividend of 100% on the paid up capital Rs. 90 million). Further the Company has informed the Exchange that the Register of Members shall remain closed from July 20, 2007 to August 3, 2007 (both days inclusive) for the purpose of payment of dividend for the year ended March 31, 2007, subject to the approval of shareholders at the 35th Annual General Meeting of the Company to be held on August 3, 2007.

Sanghvi Movers Ltd. has informed the Exchange that the Board of Directors at the Meeting held on May 29, 2007 have considered the following (1) Directors recommend Dividend of Rs.12.5 per Equity Share (125%), subject to approval of Members. (2) Directors have decided to split 1 Equity Share of Rs.10/- each into 5 Equity Shares of Rs.2/- each subject to approval of Members.

Indian Hume Pipe Co. Ltd has informed the Exchange that the Board of the Company in their meeting held on May 29, 2007 have recommended a Dividend of 60% i.e. Rs. 6/- per Share on 48,44,717 Equity Shares of the face value of Rs. 10/- each for the year ended March 31, 2007. Further the Company has informed the Exchange that the Book Closure from July 23, 2007 to July 30, 2007 for the purpose of Annual General Meeting and Payment of Dividend.

Action Construction Equipment Limited has informed the Exchange that the Board of Directors at its meeting held today i.e. May 29, 2007 have inter alia recommended payment of final dividend @ 30% on the paid-up capital share capital of the Company for the Financial year 2006-07, subject to approval of the shareholders.

Indraprastha Medical Corporation Ltd. has informed the Exchange that at their meeting held on May 29, 2007 have recommended a dividend @ 12.50% (Rs.1.25 per share) for the Financial Year 2006-07.

Tata Coffee Limited has informed the Exchange that the Board of Directors of the company at its meeting held on May 29, 2007 has recommended a dividend of Rs.6.50 per Share on the paid-up Equity Capital of the Company for the year ended March 31, 2007. The next Annual General Meeting of the Company is scheduled to be held on July 31, 2007 for the purpose whereof the Register of Members and Share Transfer Books will remain closed from July 17, 2007 to July 31, 2007 (both days inclusive). Further the Company has informed the Exchange that the company proposes to set up a plant in Anamallais for

Thermax Ltd has informed the Exchange that the Board of Directors at its meeting held on May 29, 2007, Final dividend has been recommended for the financial year 2006-07 on Equity Shares @ 130% (Rs.2.60 per share), and the dividend would be paid, subject to approval of the shareholders at the Annual General Meeting. The AGM of the Company will be held on July 25, 2007 Further the Company has submitted to the Exchange a copy of press release dated May 29, 2007 "Revenues up 48%; net up 52%; consolidated EPS doubles". The details of the same shall be available on the NSE website (http://www.nse

Shasun Chemicals And Drugs Ltd. has informed the Exchange that the Board of Directors at its meeting held on May 29, 2007 has recommended a final dividend of Rs.0.90 per share which makes the total dividend to Rs.1.70 per share for the year.

Sunil Hitech Engr. Ltd has informed the Exchange that the Board of Directors at its meeting held on May 29, 2007 has recommended dividend of @ 12% on the equity share of Rs. 10/- each i.e. Rs. 1.20 per share, subject to the approval of the forth coming annual general meeting of the company.

Larsen & Toubro Limited has informed the Exchange that at the Meeting of Board of Directors held on May 29, 2007 the Directors have recommended a Final Dividend of Rs.2/- per share which together with the interim dividend of Rs.11/- per share declared on 13th March 2007, works out Rs.13/- per share of Rs.2/- each for the year ended 31st March 2007 (previous year Rs.22/- per share, prior to bonus issue in the ratio of 1:1).

Sunflag Iron And Steel Company Limited has informed the Exchange that at the Meeting of the Board of Directors of the Company held on May 29, 2007, considered and recommended a Final Dividend @ 2.50% on the Equity Shares of the Company for the financial year 2006-2007, subject to approval of Members at the Annual General Meeting.

Shiva Texyarn Limited has informed the Exchange that the Board of Directors at their meeting held on May 28, 2007 have recommended a Dividend of 15% on Equity Shares.

Indian Card Clothing Co. Ltd. has informed the Exchange that the Board Meeting of the Company was held on May 28, 2007, the Board has recommended final dividend of 25 percent (Rs.2.50/- per share of Rs.10 each) to be paid within 30 days from the date of Annual General Meeting.

Vardhman Holdings Limited has informed the Exchange that the Board of Directors, in their meeting held on March 10, 2007, declared an interim dividend of 20% on paid up equity share capital of the Company. The Board of Directors has not declared any further dividend and so the interim dividend be treated as final dividend.

Dishman Pharmaceuticals And Chemicals Limited has informed the Exchange that the Board of the Directors of the Company held on May 28, 2007 inter alia considered the following : (1) The Board has recommended the final dividend @ 50% for the financial year 2006-07 on the paid-up equity share capital of the Company. (2) The Board has decided and resolved to convene and hold Annual General Meeting of the Members of the Company on August 07, 2007 and the Register of Members & Share Transfer Books of the Company will remain closed from July 28, 2007 to August 07, 2007 (both days inclusive) for det

Punjab Chemicals & Crop Protection Limited has informed the Exchange that the Board of Directors at their meeting held on May 28, 2007 have recommended a dividend @ 25% Rs. 2.50 for each equity share of Rs. 10/- each.

Indraprastha Gas Limited has informed the Exchange that the Board of Directors at its meeting held on May 28, 2007 has recommended 30% dividend to the Shareholders for the financial year 2006-07 in the same meeting.

Minda Industries Limited has informed the Exchange that the Board of Directors at its meeting held on May 28, 2007 has declared dividend @ 25% i.e. Rs.2.50 per Equity Share and 9% dividend on 9% Cumulative Redeemable Preference shares.

Mahindra & Mahindra Ltd. has informed the Exchange that the Board of Directors of the Company at its Meeting held on May 28, 2007, have recommended a Final dividend of 25% and also a Special Dividend of 15% aggregating to Rs.4 per Ordinary (Equity) Share of the face value of Rs.10 each. The Special Dividend is being recommended in the light of the very successful listing of Tech Mahindra Limited Equity Share on the Stock Exchange. An Interim dividend of 75% i.e. Rs.7.50 per Equity Share of the face value of Rs.10 each was declared by the Board of Directors at its Meeting held on March 21, 2007

Ivrcl Infrastructures & Projects Ltd. has informed the Exchange that the Board of Directors in their meeting held on May 28, 2007, recommended dividend for the year 2006-07 @ 50%, i.e. Re.1/- per share of Rs.2/- each. Further the Company has informed the Exchange regarding a press release dated May 28, 2007, titled "IVRCL group turnover exceeds Rs.25000 million in 2006-07". A copy of the press release 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/I

Unitech Ltd has informed the Exchange that the Board of Directors of the Company has recommended a dividend of 25% i. e. 50 paise per share on equity shares of Rs.2/- each for the said year and has decided, interalia, and subject to approval of the shareholders, to : 1) cancel the existing 10,00,000 (Ten Lacs) preference shares of Rs. 100/- (Rupees One hundred) each of Authorised Share Capital. 2) Increase the authorised Share Capital of the Company from Rs. 2,00,00,00,000/- (Rupees Two Hundred Crores) (after cancellation of said 10,00,00,000 preference shares) to Rs.5,00,00,00,000/- (Rupees F

Aegis Logistics Limited has informed the Exchange that the Board of Directors at its meeting held on May 28, 2007 has recommended dividend at Rs 2.50 per share (Previous Year Rs.2.50 per Share) for approval of Shareholders.

Jindal Stainless Limited has informed the Exchange that the Board of directors of the company, in its meeting held on May 28, 2007 inter alia : Recommended 20% final dividend, i.e. dividend @ Re.0.40 per equity share of Rs.2/- each for the financial year ended March 31, 2007. Further the Company has informed the Exchange that the said dividend, if approved by the shareholders, will be paid immediately after the annual general meeting.

Hindustan Dorr-Oliver Ltd has informed the Exchange that the Board of Directors at their meeting held on May 28, 2007 have recommended a dividend of 25% on Equity Shares of the Company for the year ended March 31, 2007, subject to the approval of the shareholders.

Sonata Software Ltd has informed the Exchange that final dividend for 2006-07 at Re.0.60 per equity share, if approved at the ensuing Annual General Meeting scheduled to be held on June 20, 2007, will be paid to the shareholders on or after June 25, 2007 through Electronic Clearing System (ECS) or by dividend warrants, as applicable.

Indian Oil Corporation Ltd has informed the Exchange that the Board of Directors at its meeting held on May 28, 2007 has recommended final dividend @ 130% in addition to the interim dividend of 60% paid in December 2006.

Northgate Technologies Limited has informed the Exchange that the Board of directors at its meeting held on May 28, 2007 recommended the issue of bonus shares in the proportion of 1:1 (one equity share for every one equity share held) for all existing equity shares. The record date for issue of bonus shares will be fixed up on obtaining approval of Members of the Company in the ensuing Annual General Meeting. The Company has further informed the Exchange that the Board recommended 40% final dividend to the shareholders for the Financial Year 2006-2007, subject to the approval of shareholders

Repro India Limited has informed the Exchange that the Board of Directors at its meeting held on May 26, 2007 has recommend a dividend of Rs.2 per Equity share (20%), subject to approval of shareholders.

Bharat Heavy Electricals Ltd has informed the Exchange that the Board of Directors of the Company at its Meeting held on May 25, 2007 have recommended final dividend @ 60% on the paid up share capital of the Company post -bonus issue, for the year 2006-07.

Excel Industries Limited has informed the Exchange that the Board of Directors at their meeting held on May 25, 2007 have recommended to the members a dividend at 10% i.e. Re.0.50 per equity share on 109,05,630 equity share of Rs.5/- each.

Motherson Sumi Systems Ltd. has informed the Exchange that the Board of Directors in their meeting held on May 26, 2007 has recommended a final dividend of 150% (Rs.1.50 per share) for the year 2006-07 subject to the approval of shareholders of the company.

Hinduja Tmt Limited has informed the Exchange that the Board of Directors of the Company, at its Meeting held on May 26, 2007 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, 2007. Further the Company has submitted to the Exchange a copy of the press release dated May 26, 2007, titled "Hinduja TMT Limited Declares Unaudited Consolidated Results of Rs.1457.52 Crores Gross Revenue with a PAT of Rs.839.03 Crores For 06-07; Recommends Final Dividend of 100%; Announces Joint Development of 47 Acres of Prime Land in Bangalore".

Phoenix Lamps Ltd has informed the Exchange that the Board of Director at its meeting held on May 26, 2007 has recommended a Dividend of 30% i.e. Rs.3.00 each on the Equity Shares of the Company.

Omax Autos Limited has informed the Exchange that the Board of Directors of the Company in its Meeting held on May 26, 2007 has recommended Dividend @ 22.50% i.e. Rs.2.25/- per equity share of Rs.10/- each fully paid up for the financial year ended March 31, 2007 subject to the approval of the shareholders.

Videsh Sanchar Nigam Ltd. has informed the Exchange that the Board of Directors at its meeting held on May 26, 2007 has recommended a dividend of Rs.4.50 per share for the Financial year 2006-2007. Further the Company has issued a press release dated May 26, 2007, titled "VSNL clocks record $ 2 billion in consolidated revenues, up 85%". 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/VSNL_PR_28052007.zip target=NEW> For more de

Elgitread (India) Ltd has informed the Exchange that: "The Board considered the Accounts for the year ended 31.03.2007, on May 25, 2007 and the details are as follows: The figures are in Millions of Rupees and the figures in bracket represent figures for previous financial year. previous year figures have been regrouped and reclassified wherever necessary to make them comparable: (1) Profit before Depreciation 168.50 (179.52); Depreciation 41.41 (45.50). (2) Net Profit after Tax (after adjusting earlier year expenses) 83.63 (104.26); Provision for Taxation 40.75 (29.29); Gross Sales and other

Monsanto India Limited has informed the Exchange that the Board of Directors at its meeting held on May 25, 2007 have recommended final dividend of Rs.2.50 per share for the year ended March 31, 2007.