Corporate announcements

Bank Of Baroda has informed the Exchange that the BoDs at its meeting held on April 28, 2006 have recommended dividend @50% (expressed in terms of Rs.5/- per share)

Arvind Mills Ltd has informed the Exchange that the Board of Directors of the Company has recommended dividend @10% on the equity capital aggregating to Rs.23.87 Crores, including corporate dividend tax of Rs.2.94 crore, for the year ended March 31, 2006.

Dalmia Cement (Bharat) Ltd has informed the Exchange that the Board of Directors in its meeting held on April 27, 2006 decided to recommend a dividend of 100% for the year ended March 31, 2006 for declaration at the forthcoming Annual General Meeting.

Grasim Industries Ltd. has informed the Exchange that the Board of Directors at its meeting held on April 27, 2006 have recommended payment of dividend on Equity Shares for the year ended March 31, 2006 @ Rs.20 (Rupees Twenty only) per share.

Indian Overseas Bank has informed the Exchange that the BODs of the Company in their meeting held on April 27, 2006 , considered a dividend of 26% i.e., Re.2.60 per Equity share of Rs 10/- each for the financial year 2005-2006.

Mahindra & Mahindra Financial Services Limited has informed the Exchange that the BODs of the Company in their meeting held on April 27, 2006 , has recommended a Final Equity Dividend @ 20% i.e. Rs.2.00 per share.

Polaris Software Lab Limited has informed the Exchange that the Board of Directors in its meeting held on April 27, 2006 has subject to the approval of the members, recommended a dividend of 25% (Rs.1.25 Per Share) for the financial year 2005-06.

Nucleus Software Exports Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on April 27, 2006 has recommended a dividend of Rs.3.50/- per share for the financial year ended on March 31, 2006 subject to the approval of the members in the Annual General Meeting. Further, the Company has informed that the record date for the purpose of payment of dividend shall be intimated in due course.

Reliance Industries Ltd has informed the Exchange that the Board at its meeting held on April 27, 2006 has recommended a dividend of Rs.10/- (Rupees ten only) per fully paid-up equity share of Rs.10/- each. The paid-up equity capital as on March 31, 2006 is Rs.1393.51 crore.

Tata Sponge Iron Ltd. has informed the Exchange that the Board of Directors in its meeting held on April 27, 2006 has recommended a dividend of 40% (i.e. Rs.4 per equity share) for the year ended March 31, 2006. The cash outflow on account of dividend will be Rs.616.00 lakh and for tax on distributed profit including Education Cess will be Rs.86.39 lakh.

Rajasthan Spg. & Wvg. Mills Ltd. has informed the Exchange that the BoDs at its meeting held on April 27, 2006 have announced dividend @ 30% i.e., Rs.3/- on every Equity Share of Rs.10/- each and @ 0.01% i.e. 1.5 paise on pro-rata basis on every Optionally Convertible Redeemale Preference Share of Rs.150/- each.

Wheels India Ltd has informed the Exchange that the Board of Directors at their meeting held on April 27,2006, considered and declared the second interim dividend of 35% on the paid up capital of Rs.9,86,94,440/- dividend into 98,69,444 equity shares of Rs.10/- each for the year 2005-06. Further the Board has fixed May 12,2006 as the record date for the said purpose and May 25,2006 as the date of payment of interim dividend.

Tube Investments Of India Ltd has informed the Exchange that the Board of Directors in its meeting held on April 27, 2006 has recommended a final dividend of 60% for the financial year ended March 31, 2006. Considering the proposed sub-division (stock-split), the dividend would amount to Rs.1.20 per equity share of Rs.2 each.

Aban Loyd Chiles Offshore Ltd. has informed the Exchange that the BOD's of the Company at their meeting held on April 25, 2006, have recommended a 130% dividend on the entire paid up equity capital (including partly paid shares) of the Company. Further, the Register of Members and Share Transfer Books of the Company will remain closed from July 08, 2006 to July 14, 2006 (both days inclusive) for the purpose of AGM and declaration of dividend (i.e. 130%) on paid up equity capital including partly paid shares, for the year ended March 31, 2006.

Godrej Consumer Products Limited has informed the Exchange that the Board at its meeting held on April 26, 2006 declared a fourth interim dividend @ Rs.5/- per share (125% on the shares of the face value of Rs.4/- each) for the financial year 2005-06.

Electrosteel Castings Ltd has informed the Exchange that the BODs of the Company in their meeting held on April 26, 2006, have recommended to the Shareholders payment of dividend at the rate of 125% (Rs.12.50 per share) aggregating to Rs.2595.47 Lacs to be paid out of the amount already provided in the Accounts for the year ended March 31, 2006. The total dividend payout including corporate dividend tax will be Rs.2959.48 lacs.

Corporation Bank has informed the Exchange that the Board at its meeting held on April 26, 2006 declared a final dividend of 35% for the year 2005-2006. With this, the total dividend payout by the bank for the year 2005-06, including the interim dividend @35% already paid will be 70%.

Il&Fs Investsmart Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on April 26, 2006, have inter alia, taken the following decisions :-(1) The Board recommended a Dividend of Rs.3/- on equity shares of Rs.10/- each for the Financial Year ended March 31, 2006; and (3) The Board have given in-principle approval for floating new Employees Stock Option Scheme under the title "IIL-ESOP-2006", subject to the approval of the Shareholders.

Heg Ltd has informed the Exchange that the Board of Directors recommended payment of dividend @ 30% i.e Rs 3.00 per Equity Shares of the Company for the period ended March 31, 2006.

Hyderabad Industries Ltd has informed the Exchange that the BODs of the Company at their meeting held on April 26, 2006 have recommended a dividend of Rs.5/- per equity share of Rs.10 each for the year ended March 31, 2006.

Harrisons Malayalam Ltd has informed the Exchange that the board of directors of the Company at their meeting held on April 25, 2006 have recommended a dividend of 10% for the year ended March 31, 2006.

India Infoline Limited has informed the Exchange that the Board at its meeting held on April 26, 2006 has recommended a final dividend of Re.1.00 per equity share of face value of Rs.10/- each subject to necessary approval of shareholders.

Kojam Fininvest Limited has informed the Exchange that the board at its meeting held on April 26, 2006 has recommended a dividend of Rs.2/- per equity share for the financial year ended March 31, 2006.

Hindustan Composites Ltd has informed the Exchange that the BoDs at its meeting held on April 26, 2006 have recommended a dividend of 10% in line with previous year.

Maruti Udyog Limited has informed the Exchange that the BoDs at their meeting held on April 26, 2006 considered and recommended a final dividend aggregating to Rs.10112 Lacs i.e. Rs 3.50 per share (Nominal Value Rs 5.00 per share) for the financial year 2005-06.

Xpro India Limited has informed the Exchange that the Directors at its meeting held on April 26, 2006 have recommended a dividend of Rs.2.00 per equity shares of Rs.10/- each for the financial year ended March 31, 2006.

Blow Plast Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on April 25, 2006,has recommended a dividend of Rs 2/- per share for the financial year 2005-06.

Aban Loyd Chiles Offshore Ltd. has informed the Exchange that the Board of Directors at their meeting held on April 25, 2006 has recommended a dividend of 8% p.a on paid up cummulative Redemeeable Preference Share Capital and 130% on paidup Equity Share Capital for the year ended March 31, 2006.

Foseco India Ltd has informed the Exchange that the BoDs of the Company have declared first interim dividend of Rs.2/- per equity share of Rs.10/-.

Etc Networks Limited has informed the Exchange that the BODs at their meeting held on April 24, 2006 has recommended a dividend @ 10% for the year ended March 31, 2006.

Mahindra Gesco Developers Limited has informed the Exchange that the BoDs of the Company at its meeting held on April 25, 2006, have recommended dividend as under : (1) 13.10% on 5,500,000 Non-Cumulative Redeemable Peference Shares of Rs.100 each (2) 10.50% on 1,000,000 Non-Cumulative Redeemable Preferece Shares of Rs.100 each (3) 10% on 31,028,350 Equity Shares of Rs.10 each. The AGM of the Company is scheduled to be held on July 21, 2006. The Register of members and the share transfer books of the Company will remain closed from July 08, 2006 to July 21, 2006 (both days inclusive).

Dabur India Ltd has informed the Exchange that the Board of Directors of the Company in their meeting held on April 25, 2006 declared the Final Dividend of 100% (i.e. Re.1 per share) on the equity shares of the company for the financial year 2005-06.

Dcm Shriram Consolidated Ltd has informed the Exchange that the Board of Directors in their meeting held on April 25, 2006 have recommended a dividend of 45% (including interim dividend of 20%) for the year ended March 31, 2006 on Equity Shares. The Company has made provision for tax on the said dividend.

Nicholas Piramal India Ltd. has informed the Exchange that at the Board meeting held on April 25, 2006, the board has recommended the following dividends : (1) Dividends on preference shares (a) @6% on 15,00,000-6% Non Cumulative Redeemable Preference Shares of Rs.100/- each (b) @5% on 15,00,000-5% cumulative Redeemable Preference Shares of Rs.100/- each (c) @5% on 2,33,72,280-5% Cumulative Redeemable Preference Shares of Rs.10/- each. (2) Dividend on Equity Shares - The Board has recommended dividend of Rs.3 per equity share of Rs.2/- each (150%) for the financial year ended March 31, 2006.

Orient Paper & Industries Ltd has informed the Exchange that the Board of Directors in its Meeting held on April 25, 2006, has recommended a dividend aggregating to Rs.690 lacs (Rs.450 lacs relating to earliers years) on 20,00,000 12% Redeemable Cumulative Preference Shares of Rs.100 each subject to such approval as may be required.

Manali Petrochemicals Ltd has informed the Exchange that the BoDs at its meeting held on April 25, 2006, decided to recommend Rs.0.75 per share as dividend for the financial year 2005-06 from out of the profits earned during the year.

Sintex Industries Ltd. has informed the Exchange that the BoDs at its meeting held on April 25, 2006 has recommended dividend @ 44% i.e. Rs.0.88 per equity share for the year 2005-06, subject to approval of shareholders.

Subex Systems Limited has informed the Exchange that the BoDs at their meeting held on April 25, 2006 has recommended final dividend @ 10% on the Equity share capital of the Company.

Vip Industries Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on April 25, 2006,has recommended a dividend of Rs 2/- per share for the financial year 2005-06.

The Tinplate Company Of India Limited has informed the Exchange that the Board of Directors recommended a dividend of 12.5% on both Non Cumulative Convertible Preference Shares and Equity shares for the financial year 2005-06.

Visaka Industries Ltd. has informed the Exchange that the BoDs in their meeting held on April 25,2006 has recommended, payment of dividend @ Rs.3.00/- per share (30%) for the Financial Year 2005-2006 subject to approval of the Shareholders in the ensuing AGM of the Company. The Record Date for the purpose of payment of Dividend will be May 16, 2006.

Taj Gvk Hotels & Resorts Limited has informed the Exchange that board of directors in its meeting held on April 25, 2006 recommended a dividend @ 100% for the financial year 2005-06, subject to the approval of the shareholders in the ensuing AGM. The Board also approved a proposal for scheme of Merger / Amalgamation of Sir Tripurasundari Hotels limited, Chennai, a 100% subsidiary of the Company, with itself.

Adlabs Films Limited has informed the Exchange that the Company's BoDs at its meeting held on April 22, 2006 and adjourned and held on April 23, 2006 has recommended a dividend of 45% (Rs.2.25 per share) for the year ended March 31, 2006, subject to approval by Members at the ensuing AGM.

Cholamandalam Investments And Finance Ltd has informed the Exchange that the BoDs at their meeting held on April 24, 2006 has approved the following : (1) Dividend Recommended - 50% (2) Date of AGM - July 21, 2006 (3) Book Closure dates - July 14, 2006 to July 21, 2006 (both days inclusive).

Canara Bank has informed the Exchange that the Board of Directors in its meeting held on April 24, 2006 has declared a dividend @ 66% for the year ended March 31, 2006.

Hcl Infosystems Ltd has informed the Exchange that the Board of Directors at the meeting held on April 24 2006, has declared third interim (quarterly) dividend of Rs 2/- per fully paid up equity share of Rs 2/- each for the Financial Year 2005-06. The aggregate of interim (quarterly) dividends paid represents 300% for nine months.

Eid Parry India Ltd. has informed the Exchange that the Board of Directors of the Company in its meeting held on April 24, 2006 have recommended a dividend of 225% (Rs.4.50 per Share) on the equity capital for the year ended March 31, 2006. This includes a one time dividend of 90% (Rs.1.80 per equity share).

Indiabulls Financial Services Limited has informed the Exchange that the BoDs of the Company at its meeting held on April 24, 2006, inter alia has recommended a Final Dividend of Re.0.30 per share (15% on the face value of Rs.2 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. Further the Company has issued a press release dated April 24, 2006, titled "Indiabulls reports fiscal 2006 revenues of Rs.613.15 crores, YoY growth of 264%, and profits of Rs.253.36 crores, YoY growth of 347%. The details of the press

Kanoria Chemicals & Industries Ltd has informed the Exchange that the BoDs of the Company in their meeting held on April 24, 2006 has declared Dividend of 30% (thirty) percent on Equity Shares for the year ended March 31, 2006. The Company has further informed the Exchange that the register of members and share Transfer Register in respect of Equity Shares will be closed from July 13, 2006 to July 27, 2006 (both days inclusive) for the payment of dividend on the equity shares. The AGM of the Shareholders of the Company has been convened on July 27, 2006.

Pvr Limited has informed the Exchange that the BoDs of the Company in its meeting held on April 24, 2006 declared dividend as under : (1) Interim Dividend on 5% Redeemable Preference Share Capital prorata for the period from September 23, 2005 to March 31, 2006 and (2) Interim Dividend @10% on the equity share Capital for the Financial year 2005-06. The Board has fixed May 10, 2006 as the record date for the purpose of payment of above said dividend.