Corporate announcements

Omax Autos Limited has informed the Exchange that the BOD's of the Company in its meeting held on June 06, 2005, considered and decided the following: Recommended Dividend @ 20% i.e. Rs.2.00/- per equity share of Rs.10/- each fully paid up for the FY ended March 31, 2005 subject to the approval of the shareholders.

Mangalore Refinery And Petrochemicals Ltd. has informed the Exchange that the board of directors in their meeting held on June 06, 2005 have recommended dividend of 10% on the equity share capital for the year ended March 31, 2005.

Nahar Spinning Mills Ltd. has informed the Exchange that the BoD's at their meeting held on June 4, 2005 has recommended dividend @ 50% on the Equity share capital for the financial year 2004-2005.

Sundaram Finance Ltd. has informed the Exchange that at the meeting held on June 06, 2005, the BOD's have recommended a tax free final dividend of 15% on 2,77,75,965 equity shares. This, together with the interim dividend of 60% paid on February 17, 2005 will make a total dividend of 75% for the year ended March 31, 2005. Further, the BOD's have decided to close the register of members and share transfer books of the Company from July 15, 2005 to July 28, 2005 (both days inclusive) for the AGM and for considering the final dividend payment.

Sundaram Finance Ltd. has informed the Exchange that the BOD's at their meeting held on June 06, 2005, have recommended a tax free final dividend of 15% on 2,77,75,965 equity shares. This, together with the interim dividend of 60% paid on February 17, 2005 will make a total dividend of 75% for the year ended March 31, 2005.

Rane (Madras) Ltd. has informed the Exchange that the BoDs at their meeting held on June 6, 2005 has recommended a dividend of 25% on the paid capital of Rs.81,313,160 for the financial year ended March 31, 2005. The Register of Members will remain closed from July 16, 2005 to July 20, 2005 [both days inclusive]. The divided [equity] is payable from July 25, 2005. The Company has further informed that Mr.C.Siva has been appointed as Secretary and Compliance Officer of the company w.e.f. June 6, 2005.

Oriental Hotels Ltd has informed the Exchange that the Board of Directors in its meeting held on June 04, 2005 recommended a dividend of Rs.5.50 (55%) per equity share for the FY ended March 31, 2005.

Munjal Auto Industries Limited has informed the Exchange that the BoD's at its meeting held on June 04, 2005, have recommended a dividend of 40% for the year ended March 31, 2005.

Berger Paints (I) Ltd has informed the Exchange that at the meeting of the BODs of the Company held on June 04, 2005, the Directors have recommended (subject to the approval of the Members at the AGM to be held on July 27, 2005) a Final Dividend @ 35% for the year ended March 31, 2005. The Company has further informed that the AGM of the Company will be held on July 27, 2005 and for this purpose the Register of Members and Share Transfer Books of the Company will remain closed from July 13, 2005 to July 27, 2005 (both days inclusive). The date from which the dividend is payable is on or befor

Crew B.O.S. Products Limited has informed the Exchange that the Board at its meeting held on June 03, 2005, have recommended a dividend of 10% i.e. Rs.1/- per equity share of Rs.10/- each, for the FY ended March 31, 2005, subject to approval of shareholders of the Company.

Unichem Laboratories Ltd has informed the Exchange that the BODs in their meeting held on June 03,2005 considered among other things the following:1)Recommended dividend of Rs.3.5(70%) per equity share of Rs.5/- each, for the year ended March 31,2005.2)Decided to convene the AGM of the company on August 11,2005.3)Decided to close the register of members and share transfer books of the company from July 18,2005 to July 22,2005(both days inclusive), for the purpose of AGM and payment of dividend.

Union Bank Of India has informed the Exchange that the date of payment of final dividend for the year 2004-05 has been finalized as June 27, 2005. The dividend warrants payable at par at all the branches of Union Bank of India shall be dispatched immediately after the AGM but before the date fixed for payment of dividend as above.

Wyeth Limited has informed the Exchange that the board of directors in their meeting held on June 03, 2005 has recommended a dividend of 200% (Rs.20/- per equity share of Rs. 10 each) for the year ended March 31, 2005

Blue Star Infotech Limited has informed the Exchange that the BODs of the company in their meeting held on June 02,2005 have recommended dividend at the rate of Rs.5/- per share of Rs.10 each.

City Union Bank Ltd. has informed the Exchange that the BODs in its meeting held on June 02, 2005 has recommended a dividend of 40% for the year 2004-2005.

Cummins India Ltd. has informed the Exchange that the board of directors at thier meeting held on June 2, 2005 have recommended final dividend of 200% for the year ended March 31, 2005, including interim dividend of 100% declared on January 28, 2005 and paid in February 2005.

Il&FS Investment Managers Limited has informed the Exchange that the dividend for the F.Y. 2004-2005 will be paid after June 24, 2005 after the approval of the shareholders at the AGM. The date of the the dividend warrants shall be July 01, 2005.

Sterlite Industries ( India ) Limited has informed the Exchange that the BoDs of the Company at their meeting held on June 1, 2005 recommended an equity dividend of 60% (Rs.3/- per share of Rs.5/- each) for the financial year ended 2004-2005 on expanded post rights share capital.

Rico Auto Industries Ltd has informed the Exchange that the Board at its meeting held on June 01, 2005 has recommended an Interim Dividend @ Re.1 per Equity Share (100%) for the Financial Year ended March 31, 2005.

Lakshmi Machine Works Ltd. has informed the Exchange that the BOD's at their meeting held on June 01, 2005, have recommended a Dividend of Rs.150 per equity share of Rs.100 each.

Panacea Biotec Ltd. has informed the Exchange that the Board had in its meeting held on May 31, 2005, recommended increased dividend @150% (i.e. Rs.1.50/- per share) on equity shares of the Company, for the FY 2004-05. Further, the AGM of the Company has been convened to be held on August 20, 2005 and the Register of members and Share Transfer Books will remain closed from August 17, 2005 to August 20, 2005 (both days inclusive) for the purpose of AGM and ascertaining the list of members entitled to receive the dividend on Equity Shares, if any, declared at the meeting. The Board has also, int

Matrix Laboratories Limited has informed the Exchange that the Board of Directors at their meeting held on June 01, 2005 considered/approved the following business: 1) Approved in principle merger of Strides Arcolab Limited with Matrix Laboratories Limited. The proposed merger is subject to a valuation exercise to be conducted by an independent firm of Chartered Accountants, while the two companies will conduct due diligence of each others business. The Boards of the two companies expect to meet within 6 to 8 weeks to finalize the terms of the plan. The merger will be effective April 01, 2005

Liberty Shoes Ltd has informed the Exchange that the Board of Directors in their meeting held on June 01, 2005 have recommended dividend at the rate of 60% i.e. Dividend of Rs.6/- per equity share of Rs.10/- each, to the share holders for their approvals in the ensuing AGM. The Company has further informed that the Board has decided to close the books from July 12, 2005 to July 15, 2005 (Both days inclusive) in order to determine the eligibility of Share holders for the above said dividend.

Klg Systel Ltd. has informed the Exchange that the Board of Directors of the Company in its meeting held on May 31, 2005 have recommended a dividend @ 15% on the paid up share capital of the Company, for the financial year ended March 31, 2005.

Elgitread (India) Ltd has informed the Exchange that the Board at its meeting held on May 24, 2005, recommended a dividend of 60% for the year 2004-05. Further, the Company has announced the book closure from August 01, 2005 to August 17, 205 (both days inclusive) for the purpose of payment of dividend. The AGM is scheduled to be held on August 17, 2005.

Bharat Heavy Electricals Ltd has informed the Exchange that the BOD's of the Company in its meeting held on May 31, 2005, has recommended Final Dividend @ 80% on paid up share capital of the Company (including interim dividend @ 35% already paid) for the FY 2004-2005.

Eih Limited has informed the Exchange that the BODs of the company at its meeting held on May 31, 2005, considered and recommended/approved inter alia the following:1)Payment of dividend on equity shares @ Rs.4.00 (40%) per equity shares. 2)Holding of the AGM of the company on July 27, 2005. 3)Closure of the register of members and share transfer books of the company from July 12, 2005 to July 27, 2005 (both days inclusive).

Ds Kulkarni Developers Ltd. has informed the Exchange that in the Board Meeting held on May 31, 2005, the Board of Directors have recommended a dividend @ 7% per on equity shares of the company for the F.Y.2004-2005.

Greenply Industries Ltd has informed the Exchange that the Board of Directors at their meeting held on May 31, 2005 has recommended the final dividend @ 10%.

Kanoria Chemicals & Industries Ltd has informed the Exchange that the Board of Directors of the Company in their meeting held on May 28, 2005 has declared Dividend of 30% (Thirty) percent on Equity Shares for the year ended on March 31, 2005.

Hi-Tech Gears Ltd. has informed the Exchange that the BOD's in their meeting held on May 30, 2005, considered and approved the following: 1) The board have recommended a final dividend @ 12.5% that is Rs.1.25/- per equity share of Rs.10/- each, on the enhanced share capital of the company, which together with the interim dividend @ 25% declared and paid by the Board shall make the compounded dividend rate of 37.5%; 2) It was decided to convene and hold the next AGM on September 05, 2005; 3) It was decided to close the books that is the Register of Members and Share Transfer Register from Augus

Sesa Goa Ltd. has informed the Exchange that at the board meeting held on May 31, 2005, the following decisions were taken: 1)Recommended final dividend is @ Rs.20/- per share (i.e. 200%) on the expanded share capital (post bonus-issue @ 1:1 in March 2005) in addition to Interim Dividend paid @ Rs.5/- per share (i.e. 50%). 2)Book Closure Date for the purpose of dividend has been fixed from July 13, 2005 to July 15, 2005. 3)AGM of the company will be held on July 27, 2005.

Tata Chemicals Ltd. has informed the Exchange that the BOD's at their meeting held on May 31, 2005, approved payment of dividend at Rs.6.50 per share of face value of Rs.10/- each (previous year Rs.5.50 per share).

Goetze (India) Ltd has informed the Exchange that the Board of Directors of the Company at the meeting held on May 28, 2005 have recommended 40 % Dividend on Equity Capital.

Dabur Pharma Limited has informed the Exchange that the Board of Directors in its meeting held on May 30, 2005 has recommended a dividend of 10% on equity shares to its shareholders.

Williamson Tea Assam Limited has informed the Exchange that at the board meeting held on May 27,2005,the following decisions have been arrived at:1)A dividend of 40% i.e Rs.4/- per share has been recommended by the board on the company's 14175000 fully paid-up equity shares of Rs.10/- each for the F.Y. ended March 31,2005.2)The AGM of the company will be held on July 29,2005.3)The register of members and share transfer books of the company will be closed from July 21,2005 to July 29,2005(both days inclusive).The dividend as aforesaid, if declared at the forthcoming AGM will be paid on or from

Godrej Industries Ltd. has informed the Exchange that at the meeting of the Board of the Company held on May 30, 2005 the Board has declared Final Dividend of Rs. 4/- per share (66.67% on the face value of Rs. 6/- each), of the Company for the Financial year 2004-05.

Excel Industries Limited has informed the Exchange that the BODs at their meeting held on May 30,2005 have recommended to the members a dividend at 10% i.e Re.0.50 per equity share on 109,05,630 equity share of Rs.5/- each.

The Federal Bank Ltd has informed the Exchange that the Board of Directors at its meeting held on May 30, 2005 have recommended a dividend of 25% on equity shares.

Honda Siel Power Products Ltd. has informed the Exchange that the board of directors at their meeting held on May 30, 2005, have recommended a dividend @ 30% to be paid for the year ended March 31, 2005 on equity shares.

Indian Oil Corporation Ltd has informed the Exchange that the BODS in its meeting held on May 30,2005 has recommended a final dividend of 100% for the F.Y. ended March 31,2005.This dividend is in addition to the interim dividend at 45% already declared and paid in January 2005.

Heritage Foods (India) Ltd. has informed the Exchange that the Board of Directors of the Company at their meeting held on May 30, 2005 has recommended dividend for the year 2004-2005 @ 30% (Rs. 3/- per share) on 9990000 Equity Shares of Rs.10/- each.

Nava Bharat Ferro Alloys Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on May 28, 2005 has recommended dividend on Paid-up Equity Capital @ 100% ( a dividend of Rs. 10/- per equity share of Rs. 10/- each) absorbing a sum of Rs. 1236.28 lacs apart from Corporate Dividend Tax of Rs. 173.39 lacs for the year 2004-05 (previous year 60% absorbing a sum of Rs. 741.77 lacs towards Equity Dividend apart from Corporate Dividend Tax of Rs. 95.04 lacs.)

The Karnataka Bank Limited has informed the Exchange that the board of directors has recommended a dividend of 20% on the equity shares.

Mirza Tanners Ltd. has informed the Exchange that the BODs in their meeting held on May 30,2005 has recommended a final dividend of Rs.2.00 per equity share(20%) for the year ended March 31,2005 aggregating to Rs.3.26 crores, subject to the approval of shareholders in the ensuing AGM. The company has already paid an interim dividend 30% declared by the BODs of the company in their meeting held on November 18,2004.

Mro-Tek Limited has informed the Exchange that the board at its meeting held on May 30,2005 has recommended a dividend of 25% on paid-up equity, for approval of the AGM scheduled to be held on August 10,2005.The company has further informed that the register of members and share transfer books of the company will remain closed for the above purpose from July 28,2005 to August 10,2005(both days inclusive).

Mahindra & Mahindra Ltd. has informed the Exchange that the BODs of the company at its meeting held on May 30, 2005 has recommended a dividend of 100% and a special dividend of 30 per cent aggregating Rs.13 per share which will absorb a sum of Rs.171.97 crores inclusive of tax(previous year Rs.117.79 crores)

Star Paper Mills Ltd has informed the Exchange that the Board of directors of the Company at their meeting held on May 30, 2005 recommended a dividend of Rs.1.75 per share subject to necessary approvals.

Rei Agro Limited has informed the Exchange that Board of Directors of the Company at its Meeting held on May 27, 2005 approved the following items: 1) Recommended final dividend @ 15% on Equity Share Capital for the Financial year 2004-05 subject to the approval of the Shareholders. 2) The issue of Foreign Currency Covertible Bonds (FCCBs)/ ADRs/GDRs to the extent of US$ 40.00 Million subject to the approval of the Shareholders. 3) Alteration in the terms of Preference Shares subject to the approval of the Shareholders.

Tata Power Co. Ltd. has informed the Exchange that at the meeting of the Board of Directors of the Company held on May 30, 2005, the Directors have recommended a dividend @ 75% (Rs.7.50 per share) to the shareholders for the year ended March 31, 2005. Further the AGM of the Company is scheduled to be held on August 04, 2005.