Corporate announcements

Nicholas Piramal India Ltd. has informed the Exchange that the Board Meeting held today (i.e. April 26, 2007) the Board has declared final Equity Dividend at 25% (i.e. Rs.0.50 per share) on 20,90,17,606 equity shares of Rs.2/- each. This is in addition to the interim Equity dividend at 150% (i.e. Rs.3 per equity share of Rs.2/ each) which was declared by the Board on March 15, 2007. Thus, total Equity Dividend for the financial year ended March 31, 2007 works out to 175% (i.e. Rs.3.50 per share). As regards dividend on Preference Shares, the entire preference dividend was declared and paid as

Infomedia India Limited has informed the Exchange that the Board of Directors at their meeting held on April 25, 2007 have recommended a dividend of 20% for the financial year 2006-07 (i.e. Rs.2.00 per equity share).

3i Infotech Limited has informed the Exchange that: "At the meeting held on April 25, 2007, the Board approved the following subject to shareholders approval: a) Recommendation of dividend of Rs.2 per share; b) Increase of Authorised Equity Capital from Rs.1,500 million to Rs.3,000 million; c) Issue of Bonus shares in the ratio of 1:1; d) New Employees' Stock Option Scheme, 2007".

Cholamandalam Dbs Finance Limited has informed the Exchange that the Board, at its meeting held on April 25, 2007, 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, 2007. The company has fixed the Book Closure from July 25, 2007 to July 30, 2007 (both days inclusive).

Infrastructure Development Finance Company Limited has informed the Exchange that at the meeting of the Board of Directors of the Company held on April 25, 2007, the directors have recommended payment of dividend for the financial year ended March 31, 2007 at the rate of 10%, i.e. Re.1/- per equity share, subject to the approval of shareholders at the ensuing Annual General Meeting.

Mahindra Gesco Developers Limited has informed the Exchange that the Board of Directors of the Company at its meeting today (i.e. April 25, 2007) have recommended dividend as under (a) 10.50% on 1,000,000 Non-Cumulative Redeemable Preference Shares of Rs.100 each; (b) 15% on 39,947,350 Equity Shares of Rs.10 each.

Srf Ltd. has informed the Exchange that the Board of Directors had approved the payment of interim dividend @40% amounting to Rs.4 per share at its meeting held on dated March 15 2007. The Board of Directors at its meeting held on April 25, 2007 has recommended a final dividend of 20% amounting to Rs.2 per Share making the aggregate dividend @60% (Rs.6 Per Share) for the year ended March 31, 2007.

Il&Fs Investsmart Limited has informed the Exchange that the Board of Directors of the Company at its meeting held today i.e. April 25, 2007, have recommended a Dividend of Rs.2.50 per share on equity shares of Rs.10/- each for the Financial Year ended March 31, 2007.

Dena Bank has informed the Exchange on April 25, 2007 that "The Board of Directors have recommended a Dividend of 8% i.e. Rs 0.80 paise per equity share of Rs. 10/- each for the financial year 2006 - 2007."

Reliance Energy Limited has informed the Exchange on April 25, 2007 that "The Board at its meeting held today, approved the Audited Accounts for the financial year ended 31st March 2007 and has recommended Dividend of Rs.5.30 on fully paid up Equity Shares of Rs.10 each".

Gtl Limited has informed the Exchange that the Board of Directors of the Company, at its meeting held today (i.e. April 25, 2007) has recommended a Dividend of Rs.2.50/- (Rupees Two and Paise Fifty Only) Per share on Equity Share Capital for the financial year ended March 31, 2007.

Sona Koyo Steering Systems Ltd. has informed the Exchange that the Board of Directors of the Company at their meeting held on April 25, 2007 has recommended the dividend for the year ended March 31, 2007 at the rate of 35% on 9,69,47,235 nos. of Equity Shares of Rs. 2/- each (post bonus issue of 1:1) and which also includes 46,16,535 nos. of Equity Shares of Rs.2/- each, on the assumption that the warrant holders will exercise their option for conversion of fully convertible warrants which is due in the month of April, 2007.

State Bank Of Bikaner And Jaipur has informed the Exchange that the Board of Directors of the Bank has on April 25, 2007, declared Final Dividend at the rate of 50% for the year 2006-07.

Tata Metaliks Ltd has informed the Exchange that the Board of Directors of the Company at their meeting held on April 25, 2007 has recommended a dividend of 60% for the year 2006-07. (2005-06 - 60%).

Godrej Consumer Products Limited has informed the Exchange that in the Board meeting held on April 25, 2007, the Board has declared a fourth interim dividend @ Rs.1.25 per share (125% on the shares of the face value of Re.1/- each) for the financial year 2006-07.

Binani Industries Limited has informed the Exchange on April 24, 2007 that : "The Board of Directors of the Company have recommended declaration of dividend @ 25% (Rupees 2.5/- per equity share) subject to necessary approval."

Salora International Ltd. has informed the Exchange that: "The Board of Directors of the Company in their meeting held on 24th April, 2007, has recommended final dividend @ 45% on paid-up equity share capital for the year ended 31st March, 2007.

Mahindra & Mahindra Financial Services Limited has informed the Exchange that: "The Board of Directors of the Company at its meeting held today i.e. on 24th April, 2007 has recommended a Final Dividend @ 20% i.e. Rs.2 per Equity Share of the face value of Rs.10 each to the shareholders of the Company for the financial year ended 31st March, 2007. With Interim Dividend, the total dividend for the year stands at 40%".

Hdfc Bank Ltd has informed the Exchange that the Board of Directors have recommended dividend of Rs.7.00 per equity share of Rs.10/- each (i.e. 70%) for the year ended March 31, 2007.

Premier Limited has informed the Exchange that the Board, at its meeting held on April 24, 2007, has recommended an equity dividend of 20% i.e. Rs.2/- per share (on face value of Rs.10/- each) for the year ended March 31, 2007 as against equity dividend of 15% i.e. Rs.1.50 per share paid for the previous year.

Kale Consultants Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on April 24, 2007 has recommended a dividend of Rs.1.25 per equity share subject to the approval of the shareholders at the ensuing Annual General Meeting.

Zensar Technologies Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on April 24, 2007 have proposed a dividend of Rs.3.50 per share (35% on Equity Share of par value of Rs.10 each) subject to the approval of shareholders.

Maruti Udyog Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on April 24, 2007 considered and recommended a final dividend aggregating Rs.13,001 lacs i.e Rs.4.50 per share (Nominal value Rs.5.00 per share) for the financial year 2006-07.

Xpro India Limited has informed the Exchange that the Board of Directors of the Company in its meeting held on April 23, 2007 have recommended a Dividend of Rs.1.50 per Equity share of Rs.10/- each for the financial year ended March 31, 2007. The Annual General Meeting of the Company shall be held on July 26, 2007. Further, the Register of Members will remain closed w.e.f. July 14, 2007 to July 26, 2007 (both days inclusive).

Everest Industries Limited has informed the Exchange that the Board of Directors at its meeting held on April 23, 2007 has recommended a dividend @40% (Rs.4/- per share) for the Financial year 2006-07 subject to Shareholders' approval.

Reliance Capital Limited has informed the Exchange that the Board, at its meeting held on April 23, 2007, recommended a dividend of Rs.3.50 on equity share of Rs.10/- each for the financial year ended March 31, 2007. Further, a copy of the media release issued by the Company dated April 23, 2007, titled "Reliance Capital reports Consolidated Total Income of Rs 2,158 Crore (US$ 511.9 Million) for the year- an increase of 128%" shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a h

Cosmo Films Ltd has informed the Exchange that the Board of Directors at its meeting held on April 23, 2007, has recommended Equity Dividend of Rs.4.00 per equity share (40%) for the year 2006-07.

Ceat Ltd has informed the Exchange that the Board of Directors of the Company has at their meeting held on April 23, 2007, recommended a dividend of 18% (i.e. Rs. 1.80 per equity share of Rs 10/- each) for the year ended March 31, 2007.

Indian Overseas Bank has informed the Exchange that the Board, at its meeting held on April 23, 2007, considered and recommended a Dividend of 30% i.e., Re.3.00 per Equity share of Rs 10/- each for the financial year 2006-2007.

Taj Gvk Hotels & Resorts Limited has informed the Exchange that the Board, at its meeting held on April 23, 2007, has recommended a Dividend @ 150% for the financial year 2006-07 (previous year @ 100%), subject to the approval of shareholders.

Indian Bank has informed the Exchange that the Board, at its meeting held on April 23, 2007, has recommended a Dividend of 20% on the Equity Share Capital & a special dividend of 10% on the Equity Share Capital to mark the Bank's Centenary Year Celebrations for the year 2006-07.

Bank Of India has informed the Exchange that the Board of Directors at their meeting held on April 23, 2007 have proposed a final dividend @ 15% in addition to interim dividend @ 20% paid during the year.

The South Indian Bank Ltd. has informed the Exchange that the audited financial results for the year ended March 31, 2007 reviewed by the Audit Committee of the Board have been taken on record by the Board of Directors at their meeting held on April 23, 2007. The Board has recommended a dividend @ 25% p.a.

Titan Industries Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on April 21, 2007 have recommended a dividend on the equity shares of 50% free of tax (previous year: 30%, free of tax).

Batliboi Limited has informed the Exchange that: "The Board has recommended the dividend @ 20% on the Equity Capital of the Company and 1% on the Redeemable Preference Shares of the Company. The above dividend shall be subject to the approval of the shareholders. The Annual General Meeting is scheduled to take place on 28th July, 2007".

Tata Elxsi (India) Ltd has informed the Exchange that the Directors have recommended a dividend of 70% (Rs.7/- per share of Rs.10/- each) on the paid-up capital of the Company for the year ended March 31, 2007.

Dcw Ltd has informed the Exchange that: "The date of payment of interim dividend declared at the Board Meeting held today (April 20,2007) is 7th May, 2007."

Industrial Development Bank Of India Limited has informed the Exchange that Dividend at Rs.1.50 per share on equity shares has been recommended by the Board, at its meeting held on April 20, 2007, for adoption by the Shareholders.

Exide Industries Ltd. has informed the Exchange that the Board of Directors at their meeting held today (April 20, 2007) has recommended dividend of 35% (Re.0.35 per share on face value of Re.1/- per share) for the financial year ended March 31, 2007, subject to approval of the shareholders at the ensuing Annual General Meeting.

Dcw Ltd has informed the Exchange on April 20, 2007 that "At the Board Meeting held today, the Directors have recommended Interim Dividend of Rs.0.20 per equity share of Rs.2/- each i.e. 10% for the year 2006-2007.

Nippo Batteries Co. Limited has informed the Exchange that a dividend of 125% has been recommended by the Board, at its meeting held on April 20, 2007, for the year ended March 31, 2007.

Satyam Computer Services Ltd has informed the Exchange that the Board of Directors of the Company in its meeting held on April 20, 2007 inter alia recommended a Final dividend of 125% for the financial year 2006-07.

Wipro Ltd has informed the Exchange that "The Board of Directors of our Company at their meeting held on April 20, 2007 have proposed a final dividend of Rs. 1 per share."

Kirloskar Brothers Limited has informed the Exchange that the Board, at its meeting held on April 19, 2007, has recommended a final dividend at Rs.2/- per equity share (100%) subject to the approval of shareholders. This is in addition to an interim dividend of Rs.2/- per share (100%) declared and paid in February, 2007. Hence, the total dividend for the year 2006-07 will be Rs.4/- per share (200%).

Kirloskar Oil Engines Ltd. has informed the Exchange that at the Board Meeting held on April 19, 2007 the Directors have declared final Dividend @ 100% on the Equity Shares of the Company for the Year 2006-07 i.e. Rs.2/- per Equity Share of Rs.2 each.This is in addition to an Interim Dividend of 100% declared at the Board Meeting held on January 17, 2007.

Biocon Limited has informed the Exchange that the Board, at its meeting held on April 19, 2007, has recommended a dividend for the year (subject to the approval of shareholders at the ensuing Annual General Meeting) of Rs. 3 per Equity Share of Rs. 5 each (60%). Further, the register of members and share transfer books will remain closed from July 02, 2007 to July 19, 2007 both days inclusive, for the purpose of payment of dividend.

Infotech Enterprises Ltd has informed the Exchange that the Board of Directors at their meeting held on April 18, 2007 have recommended Dividend of 22.5% for the financial year 2006 - 07.

Etc Networks Limited has informed the Exchange that the Board, at its meeting held on April 18, 2007, has recommended dividend @ 10% i.e. Re. 1 per equity share of Rs. 10 each for the financial year 2006-07.

Gruh Finance Limited has informed the Exchange that the Board of Directors at their meeting held on April 18, 2007, have recommended a dividend of Rs. 3/- per share. The dividend recommended will also be applicable for the full year in respect of Equity Shares issued during the year.

Vst Industries Ltd. has informed the Exchange that at the Meeting of the Board of Directors held on April 18, 2007, it was Resolved to recommend a Dividend of 200% on the Ordinary Share Capital of Rs.1544.19 lakhs of the Company".