Corporate announcements

Ds Kulkarni Developers Ltd. has informed the Exchange that the Board of Directors of the Company at their meeting held on June 13, 2006 has recommended a dividend @ 20% on the paid up capital post Composite Issue. The Board of Directors have resolved to acquire a Company in United States of America for the purpose of carrying the business of real estate development. The Company will become a Wholly Owned Subsidiary of D. S. Kulkarni Developers Limited.

Opto Circuits (India) Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on June 13, 2006 has recommended 40% dividend for the year 2005-2006.

Ratnamani Metals & Tubes Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on June 13, 2006 has recommended a dividend of Rs.2.50 (25%) per equity share of Rs. 10/- each subject to the approval of shareholders in Annual General Meeting.

Tulip It Services Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on June 13, 2006 has recommended a dividend of 10% (Rs.1 per share) on the total paid capital of Rs.29 crores for the Financial Year 2005-06, subject to approval of shareholder at the forthcoming Annual General Meeting.

Bajaj Auto Finance Ltd has informed the Exchange that the Board of Director in its meeting held on May 18, 2006, have recommended a Dividend of Rs.4/- per Share (40%) on the enhanced capital, for the year 2005-2006.

Apollo Hospitals Enterprise Ltd has informed the Exchange that the Board of Directors at its meeting held on June 12,2006 has taken the following decisions: 1) The Board recommended dividend @ 45% (Rs.4.50 per share). 2) The Register of Members and Share Transfer Books shall remain closed from July 29,2006 to August 07,2006 (both days inclusive). 3) The AGM of the Company is scheduled to be held on August 07,2006.

Balkrishna Industries Limited has informed the Exchange that the Board of Directors at their meeting held on June 10,2006 have recommended Final Dividend of Rs.3.00 (30%) per share of Rs.10 each, subject to approval of Shareholders of the Company.

Goldiam International Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on June 10, 2006 has recommended Rs.1/- (10%) as final dividend. With the interim dividend of Rs. 1/- (10%) per share the total dividend for the year is Rs.2/- (20%) per equity share.

Gitanjali Gems Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on June 12, 2006 has recommended a Dividend of Re.1.00 per share. This is subject to approval by shareholders in the AGM.

Matrix Laboratories Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on June 10, 2006 has recommended a dividend of Rs.1.20/- per equity share of Rs.2/- each, for the financial year ended March 31, 2006, subject to the approval of the members.

Rane Holdings Limited has informed the Exchange that the Board of Directors at their meeting held on June 12,2006 have recommended to the shareholders a final dividend of 20% on the paid-up equity capital of Rs.81,313,160 for the financial year ended March 31,2006. The AGM of shareholders would be convened on July 28,2006. Further, for the purpose of payment of final dividend the Register of Members will be closed from July 22,2006 to July 28,2006 (both days inclusive). The final dividend for the year ended March 31,2006, if any declared at the ensuing AGM, would be paid on and after August 0

Royal Orchid Hotels Limited has informed the Exchange that the Board of Directors at their meeting held on June 12, 2006 recommended a Dividend of Rs.5/- per equity share (50%), subject to approval of shareholders.

Seshasayee Paper And Boards Ltd has informed the Exchange that the Board of Meeting in its meeting held on June 10, 2006, has recommended payment of dividend at 25% for the year 2005-06.

Simplex Infrastructures Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on June 12, 2006 has recommended a dividend of Rs.5/- per Share on face value of Rs. 10/- each for the year ended March 31, 2006.

Aia Engineering Limited has informed the Exchange that Board of Directors of the Company at their meeting held on June 09,2006 recommended for the declaration of dividend @ 25% i.e. Rs.2.50 per Equity Share of Rs.10/- each of the Company for the year ended March 31,2006 subject to the approval of the Shareholders of the Company.

Dr. Reddy'S Laboratories Ltd. has informed the Exchange that the Board of Directors of the Company at their meeting held on May 31, 2006 has recommended a dividend of 100% for the Financial Year ending March 31, 2006.

Ponni Sugars (Erode) Limited has informed the Exchange that the Board of Directors at their meeting held on June 09,2006 have recommended a dividend of 18% (Rs.1.80 per Equity Share) for the financial year 2005-06. Further, the AGM of the Company will be held on July 22,2006. The Register of Members and share transfer books of the Company will remain closed from July 17,2006 to July 22,2006 (both days inclusive).

Wyeth Limited has informed the Exchange that the BODs at its meeting held on June 09, 2006, has recommended a dividend of 250% for the year ended March 31, 2006.

Asian Hotels Ltd has informed the Exchange that the Interim Dividend declared by the Board of Directors at their meeting held on June 05, 2006 for the ongoing financial year 2006-07, will be disbursed vide dividend warrants / drafts dated July 03, 2006.

City Union Bank Ltd. has informed the Exchange that the Board of Directors of the Company at their meeting held on June 07, 2006 has recommended a dividend @ 40% on the equity shares for the financial year 2005-2006.

Cummins India Ltd. has informed the Exchange that the Board of Directors in their meeting held on June 08, 2006 have recommended final dividend of 100% (One Hundred percent) i.e. Rs.2/- per share on equity shares of Rs.2/- each fully paid up for the year ended March 31, 2006 in addition to the interim dividend of 100% (One Hundred percent) declared on January 31, 2006.

Indian Hotels Co. Ltd. has informed the Exchange that at a meeting of the Board of Directors of the Company held on June 08, 2006 the Board has recommended a dividend of 130% (One Hundred and Thirty percent) on Ordinary Shares of Rs.10/- each fully paid up of the Company (previous year 100% i.e. Rs.10.00 per Ordinary Equity Share of Rs.10/- each fully paid up).

Moser-Baer (I) Ltd has informed the Exchange that the Board of Directors in its meeting held on June 07, 2006, recommend a dividend @ 10% on the paid-up Equity Share Capital of the Company.

Nahar Exports Ltd has informed the Exchange that the Board of Directors in their meeting held on June 07, 2006 have recommended Dividend @ 15% (i.e. Rs.1.5 per share) on the equity Share capital for the year 2005-2006.

Nahar Spinning Mills Ltd. has informed the Exchange that the Board of Directors at their meeting held on June 07,2006 have recommended Dividend @50% on the equity share capital for the financial year 2005-2006.

Rajshree Sugars & Chemicals Ltd has informed the Exchange that the Boards of Directors at the meeting held on June 08, 2006, have recommended a dividend of Rs.5/- per share for the financial year 2005-06.

Jindal Steel & Power Ltd. has informed the Exchange that the Board of Directors of the Company at their meeting held on June 07, 2006 has recommended final dividend of 200% i.e. Rupees 10/- per equity share of Rs.5/- each.

Lic Housing Finance Ltd has informed the Exchange that the Board of Directors in its meeting held on June 07, 2006, has recommended a dividend of 60% on equity shares subject to approval of the members of the Company at the forthcoming Annual General Meeting.

Pidilite Industries Ltd has informed the Exchange that the dividend, if declared at the forthcoming AGM, shall be paid to the Shareholders on or after August 08,2006.

Sun Pharmaceuticals Industries Ltd has informed the Exchange that the Board of Directors of the Company in its meeting held on June 06, 2006, has recommended payment of dividend @ 6% p.a. on the outstanding 6% Cumulative Redeemable Preference Shares of Re.1/- each of the Company for the year ended March 31, 2006 subject to the approval of the members at the ensuing Annual General Meeting of the Company and the Board recommended payment of dividend @ 110% on the equity shares of the Company for the year ended March 31, 2006 subject to the approval of the members at the ensuing Annual General Me

Sonata Software Ltd has informed the Exchange that final dividend for 2005-06 at Re.0.60 per equity share, if approved at the ensuing Annual General Meeting scheduled to be held on July 01, 2006, will be paid to the shareholders on or after July 06, 2006 through Electronic Clearing System (ECS) or by dividend warrants, as applicable.

Tata Investment Corporation Ltd. has informed the Exchange that the Board of Directors at its meeting held on June 07, 2006 has subject to the approval of the shareholders at the ensuing AGM recommended a dividend of 120% for the year ended March 31, 2006, on the increased ordinary share capital(Previous year 120% on the pre-bonus capital).

Berger Paints (I) Ltd has informed the Exchange that the Board of Directors of the Company at their meeting held on June 06,2006 has recommended (subject to the approval of the Members at the Annual General Meeting to be held on July 28, 2006) a Final Dividend @ 50% for the year ended March 31, 2006. This, together with the Interim Dividend of 50% for the year, already paid to the members of the Company, makes a total dividend of 100% for the year ended March 31, 2006. The Board of Directors has also recommended that the authorized capital of the Company be increased from Rs.40,00,00,000 to Rs

Rohit Ferro-Tech Limited has informed the Exchange that Board of Directors at their meeting held on June 06,2006 have recommended a Maiden Dividend @10% on the entire Post-Issue Capital cosisting of 344,62,945 Equity Shares.

Tata Tea Ltd has informed the Exchange that the Board of Directors in its meeting held on June 06, 2006, have recommended a dividend of Rs.12/- equity share of Rs.10 each, fully paid, respect of the financial year 2005-06.

Titan Industries Ltd. has informed the Exchange that the Board of Directors in its meeting held on June 05, 2006, have recommended a dividend on equity shares of 30%, free of tax. (previous year: 20%, free of tax).

Balmer Lawrie & Co. Ltd has informed the Exchange that the Board of Directors at their meeting held on June 06,2006 have recommended a dividend of Rs.9.00 per equity share for the financial year 2005-2006.

California Software Company Limited has informed the Exchange that the Board at its meeting held on June 03,2006 has recommended a Dividend of 10% payable subject to approval at the ensuing AGM of Shareholders.

Asian Hotels Ltd has informed the Exchange that the Board of Directors have in their meeting held on June 05, 2006 declared an Interim Dividend of Rs.8/- per Equity Share for the on going financial year 2006-2007. Further, the Company has informed that the record date for the purpose of entitlement of Interim Dividend declared is June 21, 2006.

B.A.G. Films Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on June 03, 2006 has recommended a Final Dividend @ 10% per paid-up equity share of Rs. 2/- each for the year ended March 31, 2006.

Crew B.O.S. Products Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on June 03, 2006 has recommended a dividend of 5% i.e.Rs.0.50/- per equity share of Rs. 10/- each, for the financial year ended March 31, 2006, subject to approval of shareholders of the Company.

Gujarat Nre Coke Ltd. has informed the Exchange that the Board of Directors at their meeting held on June 03, 2006, recommended to pay a final dividend of Rs.0.50 per share (5%) in addition to the interim dividend of 45% paid till date and the Board has also recommended issue of Bonus Equity Shares in the ratio of One Equity Share for every One Equity Share held in the capital of the company.

Ivrcl Infrastructures & Projects Ltd. has informed the Exchange that the Board of Directors of the Company at their meeting held on June 02, 2006 has recommended dividend for the year 2005-06 @ 50%.

Til Ltd has informed the Exchange that the Board of Directors of the Company at their meeting held on June 05, 2006 have recommended dividend @ 20% on Equity Shares and 7.5% on Preference Shares.

Zenith Computers Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on June 03, 2006 has recommended a Dividend @ 15% (Rs.1.50 per Equity Share) on 15,48,084 Equity Shares of Rs. 10/- each for the year ended March 31, 2006.

Ucal Fuel Systems Ltd has informed the Exchange that the Board of Directors at its meeting held on June 05, 2006 has recommended final Dividend of 10% for the year 2005-06. The total dividend together with the interim dividend of 30% already paid works out to 40%.

Indo Tech Transformers Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on June 02, 2006 recommended a Dividend of 20% i.e. Rs. 2.00 per equity share of Rs. 10/- each for the Financial Year 2005-06.

Mangalore Refinery And Petrochemicals Ltd. has informed the Exchange that the Board of Directors in its meeting held on June 02, 2006 has recommended dividend of 7 per cent on the equity share capital and 0.01 per cent on the 0.01% preference share capital for the year ended March 31, 2006.

Super Spinning Mills Ltd has informed the Exchange that at the meeting of the Board of Directors of the Company held on June 02, 2006, the following were decided :- 1) The dividend recommended for the year 2005-2006 is 80% on the paid up equity share capital of the Company. 2) The AGM is scheduled to be held on July 07, 2006.

Winsome Yarns Ltd has informed the Exchange that the Board of Directors in their meeting held on June 02, 2006, has recommended the payment of dividend @ Re.0.50 per share on the fully paid shares of the company.