Corporate announcements

Triveni Engineering & Industries Limited has informed the Exchange that the Board of Directors at its meeting held on May 25, 2007 have approved (1) Second interim dividend @ 15% (Re. 0.15 per share) on the Equity Shares of Re.1/- each of the Company for the year 2006-2007 ending September 30, 2007. The Board has fixed June 15, 2007 as the record date for the purpose of payment of dividend. (2) Divestment of stake in wholly owned subsidiary, Abohar Power Generation Ltd. (Abohar); its proposed business to execute mini hydel power projects which is not strategic to the holding Company. Further w

Godrej Industries Ltd. has informed the Exchange that the Board of Directors at its meeting held on May 25, 2007 has declared Final Dividend of Rs.1/- per share (100% on the face value of Re.1/- each), of the Company for the Financial Year 2006-2007.

Ramkrishna Forgings Limited has informed the Exchange that the Board of Directors at their Meeting held on May 25, 2007 has recommended a dividend of 10% for the year ended March 31, 2007 subject to approval by the shareholders of the Company.

Ipca Laboratories Ltd. has informed the Exchange that the Board of Directors at its meeting held on May 25, 2007 recommended Final dividend of Rs.4/- per share (40%). Total dividend for financial year Rs.7.50 per share (75%).

Itc Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on May 25, 2007 has recommended a dividend of Rs.3.10 per Ordinary Share of Re.1/- each for the financial year ended March 31, 2007 and the dividend, if declared, will be paid on or after July 30, 2007 to those members entitled thereto.

Sundaram Brake Linings Ltd. has informed the Exchange that: "For the purpose of determining the eligible shareholders for payment of Third Interim Dividend for the Financial Year ended 31st March 2007, the Record Date is decided as 13.06.2007. The same will be ratified by the Board at their ensuing Board Meeting scheduled on 07.06.2007. The Interim Dividend, if any, declared by the Board will be paid to all eligible shareholders based on the Record Date of 13.06.2007, from 16th June 2007".

Bombay Dyeing & Mfg Co. Ltd has informed the Exchange that at the Meeting of the Board of Directors of the company held on May 24, 2007, it was decided to recommend to the members to declare at the ensuing Annual General meeting being convened on July 25, 2007, a dividend for the year ended March 31, 2007, at the rate of Rs.5/- (Rupees Five Only) per equity share of Rs.10/- each to eligible members.

Sangam (India) Ltd. has informed the Exchange that the Board of Directors of the Company at their meeting held on May 24, 2007 have recommended a dividend @10% on the paid up equity capital of the company for the year ended March 31, 2007 subject to the approval of the shareholders.

Bharat Petroleum Corpn. Ltd has informed the Exchange that at the Board Meeting held on May 24, 2007, the Directors have recommended final dividend @ 100% i.e. Rs.10 per equity share of Rs.10 each for the year 2006-07.

Banswara Syntex Limited has informed the Exchange that the Board of Directors in their meeting held on May 24, 2007 have recommended the dividend @ 20% on equity shares of the Company.

Gokaldas Exports Limited has informed the Exchange that the Board, in its meeting held on May 24, 2007 recommended the payment of dividend @ 40%, i.e. Rs.2/- for each share of Rs.5/- (previous year Rs.3/- for each share of Rs.10/- ), subject to the approval of the shareholders in the ensuing Annual General Meeting.

Gwalior Chemical Industries Limited has informed the Exchange that the Board of Directors at its meeting held on May 23, 2007 inter alia, has recommended a dividend of Re.0.75 per share on the entire paid up capital for the year including 9876543 new shares allotted on September, 26, 2006, subject to the approval of the shareholders at the Annual General Meeting.

Icra Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on May 23, 2007 have recommended, subject to approval of the members of the Company, a dividend @ 45% (Rs.4.50 per Equity Share) on the paid-up share Capital of the Company for the Financial Year ended March 31, 2007.

Gemini Communication Limited has informed the Exchange that the Board of Directors at their meeting held on May 23, 2007, has recommended dividend of 20% per share on pro rata basis on the paid up share capital of the Company.

Universal Cables Ltd has informed the Exchange that the Board of Directors at their meeting held on May 23, 2007, recommended payment of Dividend for the year @ Rs.2.40 per share (i.e. 24%).

Niit Technologies Limited has informed the Exchange that the Board at its meeting held on May 23, 2007 has recommended a dividend @ 65% (Rs.6.50 per equity share of face value of Rs.10/- each) for the year 2006-07.

K S Oils Limited has informed the Exchange that the Board of Directors at its meeting held on May 23, 2007, recommended a dividend at the rate of 15% on the Equity share Capital of the Company, for the year ended March 31, 2007.

Punjab National Bank has informed the Exchange that the Board of Directors of the Bank in its meeting held on May 23, 2007, has recommended Final Dividend @ Rs.6/- (Rupees six only) per Equity Share of Rs.10/- each for the F.Y. 2006-07 to the eligible shareholders.

Munjal Showa Ltd has informed the Exchange that the Board of Directors, at their meeting held on May 23, 2007, have considered and recommended a dividend of Rs.2/- per equity share of Rs.2/- each for the year ended March 31, 2007 and will become payable subject to the approval of shareholders.

Karur Vysya Bank Ltd has informed the Exchange with respect to the Board Meeting held on May 23, 2007 that the Bank has complied with all the norms prescribed by Reserve Bank of India for declaration of dividend and the Board of Directors of the Bank have recommended a dividend of 100% for the year ended March 31, 2007.

Mro-Tek Limited has informed the Exchange with respect to the Board Meeting held on May 23, 2007 that in addition to interim dividend of 20% (Re.1 per share) disbursed in February 2007, the Board has now recommended a final dividend of 20% (Re.1 per share) on paid-up equity, for approval of the members at their Annual General Scheduled to be held on June 27, 2007, the total dividend for the year, thereby totaling 40% (Rs.2 per share).

New Delhi Television Limited has informed the Exchange that the Board of Directors at their meeting held on May 22, 2007 recommended a dividend of 20% of the face value of shares (Rs.4/-) i.e. Re.0.80 per share.

Transport Corporation Of India Limited has informed the Exchange that the Board of Directors in their meeting held on May 22, 2007 has interalia approved/ transacted the following matters: (1) In addition to interim dividend @ 15% the Board has also recommended a final dividend @ 15% making total dividend for the year @ 30% (previous year 25%). (2) The Register of Members and share Transfer Book shall remain close from July 24, 2007 to July 25, 2007 (inclusive both days). (3) The Company proposes to enter into a 50:50 % Joint Venture with M/s Scan-Trans Holding-AS, Den mark for undertaking shi

Pidilite Industries Ltd has informed the Exchange that the Board, at its meeting held on May 22, 2007, has recommended a dividend of Rs.1.50 per equity share subject to the approval of the shareholders at the Annual General Meeting.

Thirumalai Chemicals Ltd has informed the Exchange that the Board of Directors, in their meeting held on May 22, 2007, has recommended payment of Dividend at the rate of Rs.9/- per share (90%) for the year ended March 31, 2007. The Register of Members and Share Transfer Books of the Company will remain closed from July 03, 2007 to July 16, 2007 (both days inclusive) for determining the names of members eligible for dividend, if approved. Further, the Annual General Meeting is scheduled to be held on July 16, 2007.

Mukand Limited has informed the Exchange that the Board of Directors at their meeting held on May 22, 2007 has recommended dividend of Re.1/- per share for the year 2006-07 subject to the approval of Shareholders.

Alembic Limited has informed the Exchange that the Board of Directors at its meeting held on May 22, 2007 has recommended dividend @ 50% (i.e. Rs.1/- per Equity Share) on 13,84,54,905 Equity Shares of Rs 2/- each for the year ended on March 31, 2007.

Bharat Forge Co. Ltd has informed the Exchange that the Board of Directors, in their meeting held on May 22, 2007, have recommended a Dividend of Rs.3.50 per Equity Share (175%), subject to approval of shareholders.

The Jammu & Kashmir Bank Ltd. has informed the Exchange that: "Subject to the approval of shareholders, Bank proposes to issue dividend warrants to its shareholders on 9th June 2007".

Automotive Stampings And Assemblies Limited has informed the Exchange that "The Board of Directors of the Company has at its meeting held on May 22, 2007, inter alia, considered the following:- (1) Recommended a dividend of 12% (Rs.1.20/- per share) on Cumulative Redeemable Preference Shares of Rs.10/- each for the year 2006-07. (2) Recommended a Dividend of 15% (Rs.1.50/- per share) on Equity Shares of Rs.10/- each for the year 2006-07. (3) Approved revised investment of Rs.481 Million for the proposed unit at Pantnagar in Uttarakhand. (4) Approved expansion of capacity at Chakan plant with

Everest Kanto Cylinder Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 21, 2007 have considered the following: (1) The Directors have recommended a dividend of 50% for the year ended March 31, 2007 (Previous Year 35%) subject to approval of shareholders. (2) The Board of Directors have approved the spilt in the Face Value of Equity Shares from Rs.10 to Rs.2 subject to shareholder and other approvals. (3) The Company has embarked on an expansion and modernisation scheme with a projected outlay of approx USD 60 million. The Board of Directo

City Union Bank Ltd. has informed the Exchange that: "Our Board has recommended a dividend @ 40% on the equity shares for the financial year 2006-2007 at its meeting held on 21st May, 2007".

Steel Authority Of India Ltd. has informed the Exchange that subject to the approval of shareholders in the AGM, the Board of Directors in their meeting held on May 21, 2007, have recommended a final dividend @ 15% on paid up equity share capital, in addition to the interim dividend @ 16% already paid, for the financial year 2006-07, thus taking the total dividend to 31% on paid-up equity share capital.

Jindal Steel & Power Ltd. has informed the Exchange that the Board of Directors has, in its meeting held on May 21, 2007, recommended final dividend of 240% i.e. Rupees 12/- per equity share of Rs.5/- each on 3,07,92,268 equity shares.

Parsvnath Developers Limited has informed the Exchange that the Board of Directors in its meeting held on May 21, 2007, has recommended Dividend on Equity Shares @ 25% for the Financial Year ended March 31, 2007.

Nava Bharat Ventures Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 19, 2007 has recommended dividend on Paid-up Equity Capital @ 200% (a dividend of Rs.4/- per equity share of Rs.2/- each) absorbing a sum of Rs.2509.04 lakhs apart from Corporate Dividend Tax of Rs.426.41 lakhs for the year 2006-07 (previous year 100% absorbing a sum of Rs.1236.28 lakhs towards Equity Dividend apart from Corporate Dividend Tax of Rs.173.39 lakhs).

Hindustan Sanitary And Industries Ltd has informed the Exchange that the Boards of Director at its meeting held on May 19, 2007 has recommended payment of final Dividend @ 50% i.e Rs 1.00 (Rupee One Only) per Equity share of Rs.2/- each, for the year ended March 31, 2007, subject to approval of the Shareholders at the ensuing Annual General Meeting. The final dividend is in addition to the interim dividend of 25% i.e. Rs 0.50 per equity share of Rs. 2 each, already declared and paid pursuant to the Board resolution dated July 24, 2006.

Dcw Ltd has informed the Exchange that the Board of Directors at its meeting held on May 19, 2007 have recommended payment of final dividend of 5% i.e. Rs 0.10 per equity share of Rs.2/- each.

Kalpataru Power Transmission Ltd has informed the Exchange that the Board of Directors at its meeting held on May 19, 2007 have recommended payment of dividend @ 75% (Rs.7.50 per share) for the financial year 2006-07 on 28500000 equity shares of Rs.10 each of the company.

The Karnataka Bank Limited has informed the Exchange that the Boards of Directors at its meeting held on May 19, 2007 have recommended a dividend of 35% on the equity shares.

Jaiprakash Associates Limited has informed the Exchange that the Board of Directors, at their meeting held on May 18, 2007, have recommended final Dividend of Re.1.60 per share (16%) amounting to Rs.35.08 Crores (excluding Dividend Distribution Tax of Rs.5.96 Crores) in addition to the interim Dividend of Rs.2 per share (20%) amounting to Rs.43.74 Crores paid in January, 2007 in respect of the Financial Year ended March 31, 2007. Thus the total Dividend for the year ended March 31, 2007 would be 36% aggregating to Rs.78.82 Crores, excluding aggregate dividend tax of Rs.12.09 Crores.

Kei Industries Limited has informed the Exchange that: "the Board of Directors of the Company at their meeting held on May 18, 2007 has decided inter alia, the following:(1) Recommended dividend @25% (i.e. 0.50 paise per share) on 5,89,69,715 equity shares of face value of Rs.2/- for the year ended March 31, 2007, subject to approval of the shareholders in the ensuing Annual General Meeting. (2) Approved the proposal to De-list the equity shares of the Company from the Delhi Stock Exchange Association Ltd and Calcutta Stock Exchange Association Ltd, from time to time, subject to approval of th

Tata Motors Limited has informed the Exchange that the Board of Directors at its meeting held on May 18, 2007 (1)Recommended a dividend of 150% (Rs 130/- per share for FY 05-06) on 38,53,81,536 Ordinary Shares and any further shares that may be allotted by the Company on Conversion of Notes before the book closure .(2) The Book Closure for the purpose of payment of the said dividend has been fixed as from June 05, 2007 to June 12 , 2007 (both days inclusive). (3) Decided that the Annual General Meeting of the Company would be held on July 09, 2007.

Boc India Limited has informed the Exchange that the Board of Directors at its meeting held on May 18, 2007 has recommended a dividend of 25% for the financial year ended March 31, 2007 and the dividend, if declared at the Annual General Meeting, will be paid to the members entitled thereto.

Jbf Industries Ltd. has informed the Exchange that the Board of Directors, at their meeting held on May 18, 2007, recommended dividend @ 22.50% i.e. Rs.2.25 (Rupees Two and Paise Twenty Five only) per equity share. The Board of Directors of the Company has also approved raising funds through unsecured ECB equivalent to USD 40 Million for capital expenditure.

Revathi Equipment Limited has informed the Exchange that the Board of Directors at its meeting held on May 18, 2007 has recommended a dividend of Rs.10/- per share.

Deepak Fertilizers And Petrochemicals Corporation Limited has informed the Exchange that the Board of Directors, at their meeting held on May 18, 2007, has recommended dividend of 30% on Equity Shares of the Company for the year ended March 31, 2007.

Dr. Reddy'S Laboratories Ltd. has informed the Exchange that the Board of Directors at its meeting held on May 18, 2007 have recommended a final dividend of 75% i.e. Rs. 3.75 per share of face value of Rs.5 on the enhanced share capital due to bonus issue in August 2006.

The Federal Bank Ltd has informed the Exchange that the Board of Directors, at their meeting held on May 18, 2007, have recommended a dividend of 40% on equity shares.

Oriental Hotels Ltd has informed the Exchange that the Board of Directors of our Company at their Meeting held today (May 17, 2007) have recommended a dividend of Rs.9.50 (95%) per equity share for the financial year ended March 31, 2007.