Corporate announcements

Thirumalai Chemicals Ltd has informed the Exchange that the Board of Directors of the Company at their meeting held on May 19, 2006 has recommended payment of Dividend at the rate of Rs. 6.50 per share (65%) for the year ended March 31, 2006.

Vardhman Holdings Limited has informed the Exchange that the Board of Directors in its meeting held on May 19, 2006, have recommended dividend of 20% on paid-up equity share capital of the Company.

Tata Motors Limited has informed the Exchange that the Board of Directors at their meeting held on May 19,2006 have recommended a dividend of 130% (Rs.13/- per share) on 38,30,29,238 Ordinary Shares and any further shares that may be allotted by the Company on conversion of Notes before the book closure.

Teledata Informatics Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on May 19,2006 have recommended a Final Dividend of 5% on the equity shares of Rs.10 each for the financial year 2005-06.

Unichem Laboratories Ltd has informed the Exchange that the Boards of Directors in its meeting held on May 18, 2006 considered among other things the following: 1)Recommended dividend of Rs.5/-(100%) on Equity Share of Rs.5/- each for the year ended March 31, 2006. 2)Decided to convene the AGM of the company on July 27,2006.3) Decided to close the register of members and share transfer books of the company from July 16,2006 to July 22,2006 (both days inclusive), for the purpose of AGM and payment of dividend.

Bajaj Auto Ltd has informed the Exchange that the Board of Directors at their meeting held on May 19, 2006 has recommended a dividend of Rs.40 per share (400%) subject to approval of shareholders.

Cyber Media (India) Limited has informed the Exchange that the Board of Directors at their meeting held on May 18, 2006 has recommended, subject to the approval of shareholders, a dividend @ 10% for the year ending March 31, 2006 (Rs. 1.00 per share).

Deepak Fertilizers And Petrochemicals Corporation Limited has informed the Exchange that the Board of Directors at their meeting held on May 18, 2006 has recommended dividend of 30% on equity shares of the Company for the year ended on March 31, 2006.

Geojit Financial Services Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 18,2006, inter alia, has recommended a Final Dividend of Rs.2.25 per share (22.50% on the face value of Rs.10 per share) for the financial year 2005-06 subject to the approval of the Shareholders of the Company at the ensuing AGM of the Company.

Havells India Limited has informed the Exchange that the BODs in their meeting held on May 18, 2006, decided the following: 1) Recommendation of dividend @ 50% (i.e. Rs.2.50 per share of Rs.5/- each) for the FY 2005-06; 2) Issue of Bonus Shares in the ratio of 1:1 i.e. Issue of one equity share as Bonus Share for every one existing equity share. The record date for issue of Bonus Shares will be decided after the AGM.

Gtn Textiles Limited has informed the Exchange that the Board of Directors at their meeting held on May 18,2006 have recommended a Dividend of 9% on Equity Shares of Rs.10/- each aggregating Rs.104.69 lacs, subject to approval of members. The corporate dividend tax will be paid by the Company, as applicable thereon.

Hikal Limited has informed the Exchange that the Board of Directors at their meeting held on May 18, 2006 has recommended final dividend at the rate of Rs.6.50 per share (Rupees Six and paisa fifty only) (65%) on Equity Share Capital [(including interim dividend @ Rs. 3 (Rupees Three) per share (30%) ] for the year ended March 31, 2006, subject to the approval of Shareholders in the ensuing Annual General Meeting.

Nahar Industrial Enterprises Ltd has informed the Exchange that the Board of Directors of the Company in its meeting held on May 18, 2006 has recommended 10% dividend on the paid up Equity Share Capital of the Company for the financial year 2005-2006.

Patspin India Ltd has informed the Exchange that the Board of Directors at their meeting held on May 18, 2006 have recommended a dividend of 8% (Re.0.80 per share) on the equity shares of face value of Rs.10/- per share, subject to approval of the members.

Maharashtra Scooters Ltd has informed the Exchange that the Board of Directors at its meeting held on May 18,2006 have recommended a Dividend of Rs.4.50 per share (45%) subject to the approval of shareholders.

Tata Steel Limited has informed the Exchange that at the Board Meeting held on May 18,2006, the Directors of the Company have decided to recommend to the AGM the payment of Rs.13/- per share as dividend to the shareholders for the year ended March 31,2006.

Rane Engine Valves Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on May 18, 2006 has recommended to the shareholders a final dividend of 30% on the paid-up capital of Rs. 51,509,920 for the financial year ended March 31, 2006.

Bongaigaon Refinery & Petrochemicals Ltd has informed the Exchange that the Board of Directors in its meeting held on May 17, 2006 have recommended a dividend of Rs.2.70 per equity share of Rs.10/- each (fully paid) amounting to Rs.5395.08 lakhs for the year 2005-06.

Jai Balaji Sponge Limtied has informed the Exchange that the BoDs of the Company at its meeting held on May 17, 2006 has decided inter-alia to pay interim dividend @ 12.50% (Rs.1.25 per equity share) on the paid up equity share capital of the Company for the financial year 2005-06. The record date to fix the entitlement for payment of such interim dividend will be May 26, 2006.

Bsl Ltd has informed the Exchange that the Board of Directors at its meeting held on May 17, 2006 have recommended dividend @ 10% on Equity share capital of the Company subject to approval from shareholders in next AGM.

Bannari Amman Spinning Mills Limited has informed the Exchange that the BoDs at its meeting held on May 15, 2006 have recommended payment of dividend @ 20% for the year ended March 31, 2006.

Everest Kanto Cylinder Limited has informed the Exchange that the Board of Directors at their meeting held on May 17, 2006 has recommended a dividend of 35%, i.e., Rs.3.50 per equity share, subject to shareholders' approval in the ensuing Annual General Meeting.

Eveready Industries India Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on May 17, 2006 have recommended dividend of Rs.2 per fully paid up equity share of Rs.5/- each.

Honda Siel Power Products Ltd. has informed the Exchange that the Board of Directors at its meeting held on May 17,2006 have recommended a dividend @ 40% on the equity shares of the Company for the year ended March 31,2006.

Ibp Co. Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on May 17,2006 has recommended payment of dividend @ 20% (i.e. Rs. 2/-per share) on the equity share capital for the Financial Year, 2005-06.

Lakshmi Vilas Bank Ltd has informed the Exchange that the Board in its meeting held on May 15, 2006 has recommended a dividend of 25% (subject to RBI approval) on the equity capital while approving the audited accounts for the year ended March 31, 2006.

Lupin Limited has informed the Exchange that at the meeting of the BoDs held on May 17, 2006 the Board has recommended for the year ended March 31, 2006, dividend @ 65% i.e. Rs.6.50 per equity share of the face value of Rs.10/- each. The Board also recommended issue of bonus shares in the ratio of 1:1 subject to approval of the shareholders.

Nitco Tiles Limited has informed the Exchange that the Board of Directors in its meeting held on May 16, 2006 have proposed a dividend of 10% for the year ended March 31, 2006 on the enhanced equity.

Rain Calcining Ltd has informed the Exchange that at the Board of Directors meeting of the Company held on May 17, 2006, the Board had, based on the financial performance and future prospects of the Company, suo moto considered the payment of dividend to the shareholders. Accordingly, a dividend at 8% on the paid-up equity capital of the Company is recommended, subject to the approvals of the financial institutions/banks and shareholders at the ensuing Annual General Meeting of the Company.

Bosch Chassis Systems India Ltd. has informed the Exchange that the BoDs at its meeting held on May 15, 2006 has recommended the dividend at the rate of Rs.12/- per share (120%).

Asahi India Glass Limited has informed the Exchange that the Board of Directors of the Company in its meeting held on May 16, 2006 inter-alia considered and approved the following : Recommendation of (1) Dividend of Re.0.60 per equity share (60%) on 15,99,27,586 equity shares of Re. 1/- each for the Financial Year 2005-06 (2) Dividend @ 0.01% on 6,00,000 non cumulative preference shares of Rs.100/- each for the Financial Year 2005-06.

Dewan Housing Finance Corporation Ltd has informed the Exchange that the Board of Directors of the Company at their meeting held on May 15, 2006 have recommended dividend of 15% on Equity share Capital (Rs.1.50 per share) as final dividend, in additional to an interim dividend of 10% already declared and paid, thus totalling to 25% for the financial year 2005-2006.

Graphite India Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 16,2006 : (1) Recommended dividend @ 60% (Rs.6 per share) on 293,79,245 Equity Shares of Rs.10/- each for the year ended March 31,2006, for approval by the members. (2) Decided to convene the AGM of the Company on July 31,2006. (3) Decided to close the Register of Members and the Share Transfer Books of the Company from July 17,2006 to July 31,2006, both days inclusive.

Gic Housing Finance Ltd has informed the Exchange that the Board at its meeting held on May 16, 2006 has recommended a Dividend of 15% for the year 2005-06.

Dabur Pharma Limited has informed the Exchange that the Board of Directors has recommended a dividend of 20% on its equity shares to its shareholders. The BoDs has decided that dividend on equity shares shall be paid on or after July 19, 2006, if approved at the ensuing AGM.

Hindustan Sanitary And Industries Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on May 15, 2006, has recommended payment of Dividend @ 65% i.e. Rs.1.30 (Rupees One paise thirty only) per Equity share of Rs 2/- each, for the year ended March 31, 2006, against payment of Dividend @ 55% i.e. Rs 2.75(Rs. Two and paisa seventy five only) per equity share of Rs.5/- each, for the previous year, subject to approval of the Shareholders' at the ensuing Annual General Meeting.

Kei Industries Limited has informed the Exchange that the Directors have recommended a dividend of Rs. 2/- per share on 10093943 Equity Shares (of face value of Rs.10/-). This is subject to the approval by shareholders in the AGM.

Sunflag Iron And Steel Company Limited has informed the Exchange that the Board of Directors at their meeting held on May 16, 2006 has proposed Dividend @ 5% on Equity Shares and Arrears of Dividend Rs.325.18 lacs on Cumulative Preference Shares, subject to approval of Members at the AGM.

Shiva Texyarn Limited has informed the Exchange that the Board of Directors of the Company have at their meeting held on May 15, 2006 recommended payment of dividend @ 15% for the year ended March 31,2006.

Saksoft Limited has informed the Exchange that the Board of Directors at their meeting held on May 16, 2006 has recommended dividend of 15% (Rs.1.50 per share) for the year ended March 31, 2006, subject to approval of Shareholders.

Texmaco Limited has informed the Exchange that the BoDs at its meeting held on May 12, 2006 has recommended a dividend of 30%.

Allahabad Bank has informed the Exchange that the Board of Directors in it meeting held on May 14, 2006, has proposed final dividend @ 40% on capital of Rs.446.70 crores.

Chennai Petroleum Corporation Limited has informed the Exchange that the Board at its meeting held on May 14,2006, has recommend a Final Dividend of 90% on the equity share capital of the company, in addition to interim dividend of 30% for the year ended March 31,2006.

Chambal Fertilizers & Chemicals Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on May 13, 2006 has recommended 5% dividend on cumulative redeemable preference shares of Rs.10/- each (since redeemed) on pro-rata basis and 18% dividend on equity shares of Rs.10/- each of the Company.

Ifgl Refractories Ltd has informed the Exchange that the Board of Directors have recommended payment of Dividend at the rate of 17.5% i.e. Rs.1.75 per Equity Share for said year, subject to necessary approvals and also that of the shareholders at the ensuing Annual General Meeting.

Kotak Mahindra Bank Limited has informed the Exchange that the Board of Directors of Kotak Mahindra Bank Limited at thier meeting held on May 15, 2006 has recommended dividend @ 6.0%.

Ocl India Ltd. has informed the Exchange that the Board of Directors at their meeting held on May 15, 2006 has recommended dividend @ 50 % on equity shares subject to approval of shareholders. Board of Directors has also approved capital expenditure of Rs.700 crores +/- 10% for increase in the cement capacity from existing 1.8 million tonne per annum to 3.8 million tonne per annum.

Suzlon Energy Limited has informed the Exchange that the Board of Directors of the Company in its meeting held on May 15, 2006, has recommended a payment of Final Dividend @ Rs.2.50 per Equity Share of Rs.10/- each for the Financial Year 2005-06 and a Preference Dividend @ Re.10/- per preference Share of Rs.100/- each, subject however to the approval of members at the ensuing Annual General Meeting of the company.

Zuari Industries Ltd. has informed the Exchange that the BoDs at its meeting held on May 13, 2006 has recommended an equity dividend of 20%.

Syndicate Bank has informed the Exchange that the Board of Directors in its meeting held on May 15, 2006 have proposed Final Dividend of 10% for the year 2005-06 in addition to Interim Dividend of 15%.