Corporate announcements

Itc Ltd. has informed the Exchange that the BODs of the company in their meeting held on May 26,2006 has recommended a dividend of Rs.2.65 per ordinary share of Re.1/- each for the F.Y. ended March 31,2006 and the dividend,if declared,will be paid on or after July 24,2006 to those members entitled thereto.

Motherson Sumi Systems Ltd. has informed the Exchange that the Board of Directors of the Company at their meeting held on May 26, 2006 have recommended a dividend @115% (Rs.1.15/- per share) for the year ended March 31, 2006.

Phoenix Lamps Ltd has informed the Exchange that the Board in its meeting held on May 26,2006 have recommended a Dividend of 20% i.e. Rs.2.00 each on the Equity Shares of the Company.

Rane Brake Linings Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on May 26, 2006 has recommended to the shareholders a final dividend of 30% on the paid-up equity capital of Rs. 72,149,800 for the financial year ended March 31, 2006. The Annual General Meeting (AGM) of shareholders would be convened on July 26, 2006. The Register of Members will be closed from July 15, 2006 to July 26, 2006 (both days inclusive). The final dividend for the year ended March 31, 2006, if declared at the ensuing AGM, would be paid on after July 31, 2006 to eli

Shasun Chemicals And Drugs Ltd. has informed the Exchange that the BODs of the Company in their meeting held on May 25, 2006 has recommended a Final Dividend of Rs.1.70 per share.

Rashtriya Chemicals And Fertilizers Ltd. has informed the Exchange that the BoDs at its meeting held on May 26, 2006, recommended payment of final dividend @ 10% to the shareholders of the Company for the year 2005-06

Union Bank Of India has informed the Exchange that the date of payment of final dividend for the year 2005-06 has been finalized as June 23,2006.

Abhishek Industries Limited has informed the Exchange that Board of Directors of the Company in their meeting held on May 24, 2006 has inter-alia approved the following: (1) Recommendation of Dividend @ 10% on equity shares.(2) Issue of securities by public/private offering in the domestic and/ or international markets, in the form of FCCBs/ADRs/GDRs/Equity Shares or in any other form of securities for an aggregate amount not exceeding USD 60 million or equivalent amount in any currency, subject to approval of shareholders.

Asian Hotels Ltd has informed the Exchange that the BODs at their meeting held on May 25,2006 have recommended a final dividend of 20% for the year ended March 31,2006 subject to approval of shareholders of the company in the AGM. The BODs had also in their meeting held on January 25,2006 declared interim dividend of 80%(already paid).Total dividend for the financial year 2005-06 will be 100%.The AGM of the shareholders of the company will be held on July 29,2006.The register of members and share transfer books of the company will remain closed from July 25,2006 to July 29,2006(both days inclu

Elgitread (India) Ltd has informed the Exchange that the company has recommended a dividend of 45% of the face value of the Equity share. This is subject to the approval of the members at the ensuing AGM to be held on August 12, 2006. The share transfer books of the Company will remain closed from August 01, 2006 to August 12, 2006 (both days inclusive).

Gokaldas Exports Limited has informed the Exchange that the board in its meeting held on May 25,2006 recommended the payment of dividend @ 30% i.e Rs.3/- for each share of Rs.10/-(previous year Rs.2/-),subject to the approval of the shareholders in the ensuing AGM.

The Dhanalakshmi Bank Ltd. has informed the Exchange that the board at its meeting held on May 25,2006 has recommended dividend of 7%.

Karur Vysya Bank Ltd has informed the Exchange that as the bank has complied with all the norms prescribed by Reserve Bank of India for declaration of dividend, the BODs of the bank in their meeting held on May 25,2006 have recommended a dividend of 100% for the year ended March 31,2006 and in addition, a special dividend of 20% in the light of the 90th year celebrations of the Bank.

Hindustan Petroleum Corporation Ltd. has informed the Exchange that the BODs at its meeting held on May 25,2006 has recommended a dividend of 30%.

The Karnataka Bank Limited has informed the Exchange that the BODs at their meeting held on May 25, 2006 have recommended a dividend of 30% on the equity shares.

Larsen & Toubro Limited has informed the Exchange that the BODs of the company at its meeting held on May 25, 2006 have recommended a dividend of Rs. 22.00 per equity share (previous year Rs. 17.50 per equity share and a special interim dividend of Rs. 10.00 per equity share) of Rs. 2.00 each.

Steel Authority Of India Ltd. has informed the Exchange that subject to the approval of shareholders in the AGM, the BODs in their meeting held on May 25, 2006 have recommended a final dividend of 7.5% on paid up equity share capital, in addition to the interim dividend of 12.5% already paid for the F.Y. 2005-06, thus taking the total dividend to 20% on paid-up equity share capital.

Transport Corporation Of India Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on May 25, 2006 has recommended a payment of dividend @ Rs. 2.50 per share (Previous year @ Rs. 2.00 per share) subject to shareholders approval.

Jbf Industries Ltd. has informed the Exchange that the Board of Directors in its meeting held on May 24, 2006, recommended dividend @ 20% i.e Rs.2/- per equity share.

Indian Card Clothing Co. Ltd. has informed the Exchange that the Board of Directors at their meeting held on May 23, 2006, recommended final dividend of 25% (Rs.2.50 per share of Rs.10 each) to be paid within 30 days from the date of AGM.

Hindustan Oil Exploration Co. Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on May 23, 2006 has recommended 10% (Re. 1/- per share) dividend subject to the approval of the Shareholders at the ensuing Annual General Meeting.

Indraprastha Gas Limited has informed the Exchange that in the Board Meeting held on May 24,2006, the Board has recommended 25% dividend to the Shareholders for the financial year 2005-06.

Pidilite Industries Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on May 23, 2006 has recommended dividend at 125% on Equity Shares. The Dividend is payable on 252400000 Equity Shares of Re. 1/- each (Previous year @ 100% on 25240000 Equity Shares of Rs. 10/- each.)

Rico Auto Industries Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on May 23, 2006 has recommended a dividend @ Re. 1/- per Equity Share (100%) for the Financial Year ended March 31, 2006.

Surya Roshni Ltd has informed the Exchange that the Board of Directors of the Company in their meeting held on May 24, 2006, recommend 15% dividend (Rs. 1.50 per Share) on the paid-up Equity Share capital of the Company for the year 2005-2006.

Shreyas Shipping & Logistics Limited has informed the Exchange that board has at its meeting held on May 24,2006 : 1. Recommended, subject to the approval of the shareholders at the ensuing Annual General Meeting, final dividend for the year ended on March 31, 2006 @ 12% on 21,957,533 Equity shares of Rs. 10/- each and dividend @ 8.20% on 1,300,000 non-convertible, cumulative, redeemable Preference Shares of Rs. 100/- each on a pro rata basis for the date of allotment. 2. Mr. Amitabha Ghosh, Nominee Director of the Company has been appointed as a Director on the Board of the wholly owned subsi

Thermax Ltd has informed the Exchange that at the meeting of the Board of Directors held on May 24,2006, the following decisions were taken : 1) Dividend has been recommended for the financial year 2005-06 on Equity Shares @ 170% (Rs.3.40 per share). 2) The AGM of the Company will be held on July 20,2006.

Bharat Forge Co. Ltd has informed the Exchange that the Directors in their meeting held on May 23, 2006, recommend a Dividend of Rs.3/- Per Equity share(150%) , subject to approval of shareholders.

Dcw Ltd has informed the Exchange that the Board of Directors at their meeting held on May 23,2006 have recommended a Dividend of Rs.0.30 per equity share of Rs.2/- each i.e. 15% for the year 2005-2006 (Previous year Rs.1.20 per equity share of Rs.10/- each i.e. 12%).

Gabriel India Ltd has informed the Exchange that following are the outcome of the meeting of the Board of Directors of the Company held on May 23,2006: 1) A Final Dividend of Rs.0.40 (at the rate of 40%) per equity share of Re 1 has been proposed by the Board (subject to the approval of the shareholders) which together with the interim Dividend of 30% already paid during the year, would make the total dividend for the year at 70%, as compared to 70% in the previous year. 2) The Board has decided to establish a New Industrial undertaking at Parwanoo (Himachal Pradesh) for Ride Control Products

Dishman Pharmaceuticals And Chemicals Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on May 23, 2006 has recommended the final dividend @ 35% for the financial year 2005-06 on the paid up equity share capital of the Company.

Himatsingka Seide Ltd has informed the Exchange that the BODs in their meeting held on May 22,2006 have recommended a final dividend of Rs.1.25 per share.

Ici India Ltd. has informed the Exchange that the BODs of the company at its meeting held on May 23,2006 has recommended a dividend of Rs.6.00 per share(previous year Rs.5.50 per share) for the year. The dividend will be paid after approval of the shareholders at the AGM scheduled to be held on July 26,2006. Further the company has issued a press release regarding its audited financial results for the year ended March 31,2006.The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Com

Torrent Pharmaceuticals Ltd. has informed the Exchange that :- 1) The Board of Directors at its meeting held on May 23, 2006 has recommended a dividend of Rs.2.5/- per share of Rs.5/- each. 2) The Board has approved raising of fund equivalent to USD 150 million with a Green Shoe option upto 15% by issuing equity or equity linked securities in the domestic and/ or international markets, subject to approval by members. Further, the Company has submitted a copy of the press release dated May 23, 2006 titled "Torrent Pharma Sales cross Rs.1000 crores - International Sales register 215% growth - D

Aarti Industries Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on May 20, 2006 has declared Final Dividend @ Rs. 0.40ps. per share (8 %) for the financial year 2005-2006.

Adani Exports Ltd has informed the Exchange that the Board of Directors of the Company at its Meeting held on May 20, 2006 has recommended a dividend of 45%.

Datamatics Technologies Limited has informed the Exchange that the Board of Directors at their meeting held on May 22, 2006 has recommended a final dividend of 25% for the year 2005-2006.

Mahavir Spinning Mills Ltd has informed the Exchange that the Board of Directors of the Company at their meeting held on May 20, 2006 have recommended dividend of 40% on paid-up equity share capital of the Capital.

Panacea Biotec Ltd. has informed the Exchange that the BODs in their meeting held on May 22,2006 has recommended 100% dividend(Re.1/- per share) for the financial year 2005-06 on the equity share capital of the company.

Man Industries (India) Ltd. has informed the Exchange that the BODs at their meeting held on May 22,2006 recommended a dividend of 25% to the shareholders for the year 2005-06.

Srf Ltd. has informed the Exchange that the board of the company has recommended 30% dividend. Further the company has issued a press release dated May 19,2006 titled "SRF Q4FY2006 revenues up 28% to Rs.3875 million (vs Q4 FY 2005) ; PAT up 164 % to Rs.555 million (Q4 FY 2006 vs Q4 FY 2005); FY 2006 revenues at Rs.12976 million, PAT up 74 % to Rs.1048 million (vs FY 2005);Board recommends 30% dividend", details of which shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

The Sirpur Paper Mills Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on May 20, 2006 have recommended a final dividend @ 10% i.e. Re. 1 per share on 1,50,11,185 ordinary shares of Rs. 10 each fully paid. The interim dividend @ 25% which was declared by the Board of Directors at its meeting held on March 21, 2006 (both on fully paid and partly paid ordinary shares) was already distributed to the shareholders of April 15, 2006. The total dividend for the year works out to Rs. 425 lacs.

Srei Infrastructure Finance Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 22, 2006, have recommended dividend @ 16.50% (i.e. Rs.1.65/- per Equity Share) on Equity Shares of Rs. 10/- each fully paid up of the Company.

Rane (Madras) Limited has informed the Exchange that the Board of Directors at their meeting held on May 22, 2006 has recommended to the shareholders a final dividend of 15% on the paid-up equity capital of Rs.101,641,450 for the financial year ended March 31, 2006.The AGM of shareholders would be convened on July 21,2006.

Gujarat Industries Power Co. Ltd has informed the Exchange that the Board of Directors at their meeting held on May 19,2006 have recommended 12.50% (i.e.Rs.1.25 per share) dividend on the Equity Shares of the Company.

The Federal Bank Ltd has informed the Exchange that the Board of Directors at its meeting held on May 19, 2006 have recommended a dividend of 35% on equity shares.

The Jammu & Kashmir Bank Ltd. has informed the Exchange that the Board of Directors at their meeting held on May 19,2006 have recommended 80% Dividend (i.e. Eight Rupees per share) to shareholders for the year 2005-06.

Munjal Showa Ltd has informed the Exchange that the Board of Directors at their meeting held on May 19,2006 considered & recommended a dividend @ 100% i.e. Rs.10/- per Equity Share of Rs.10 each for the financial year 2005-06.

Sakuma Exports Limited has informed the Exchange that the BoDs at its meeting held on May 19, 2006 proposed dividend @ 5% on equity shares.

State Bank Of India has informed the Exchange that The Central Board of the Bank at its meeting held on May 19, 2006 have declared a dividend of Rs.14 per share for the year ended 31st March 2006.