Corporate announcements

Bajaj Hindusthan Ltd has informed the Exchange that at the meeting held on December 24, 2004, the BOD's have recommended a payment of dividend on equity shares of the Company for the year 2003-2004 @Rs.0.40 per share of the face value of Re.1/- (40%) for approval by the shareholders at the ensuing AGM of the Company.

Mrf Ltd. has informed the Exchange that at the meeting of BODs held on December 23, 2004 the Directors have recommended a final dividend of 140% on the paid-up capital as on September 30, 2004.The company has already declared and paid two interim dividends of 30% each for the above year thus aggregating to a total dividend of 200% for the year. The company has further informed that the AGM will be held on March 17, 2005 and the Transfer books and Register of Members will remain closed from March 07, 2005 to March 17, 2005(both days inclusive) for the purpose of payment of Final Dividend.

Indian Oil Corporation Ltd has informed the Exchange that the BODs of the company in its meeting held on December 22,2004 have declared an Interim Dividend of 45% (Rs.4.50 per share) for the financial year 2004-05.

Gail (India) Limited has informed the Exchange that the BOD's of the company in its meeting held on December 20, 2004 have, inter alia, approved payment of an interim dividend @40%, on the paid up equity share capital of the Company for the Financial Year 2004-05.

Sesa Goa Ltd. has informed the Exchange that the BOD at their meeting held on December 17, 2004, have declared an Interim dividend @ Rs.5/- per share (i.e.50%) for the FY 2004-2005 and Record Date for the purpose has been fixed on January 07, 2005.

Thomas Cook (India) Ltd has informed the Exchange that the BOD's of the Company, have at their meeting held on December 16, 2004, recommended dividend @ 37.5% for the year ended October 31, 2004.

Gail (India) Limited has informed the Exchange that the interim dividend for the FY 2004-05, if approved by the Board, is proposed to be paid from December 31, 2004.

Rajesh Exports Ltd. has informed the Exchange that at the Board Meeting held on December 13, 2004, the directors have declared 35% interim dividend on the paid up equity share capital of the company. The Share Transfer Books of the Company will remain closed from December 28, 2004 to December 31, 2004 (both days inclusive). The details of the press release issued by the Company regarding the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Standard Industries Limited has informed the Exchange that at the meeting of the BODs of the company held on December 10,2004,the directors have recommended to the members the declaration of dividend @ 12.5% on 6,43,28,941 equity shares of Rs.5/- each of the Company for the financial year ended on September 30,2004.

Upper Ganges Sugar & Industries Ltd has informed the Exchange that the proposed dividend @ 30% on the equity shares of the company for the year ended June 30, 2004, if declared at the AGM scheduled to be held on December 09, 2004, will be paid to the shareholders on December 20, 2004.

Bharat Petroleum Corpn. Ltd has informed the Exchange that the BODs of the company at its meeting held on December 10, 2004,has declared Interim Dividend @ 50% i.e. Rs.5 per equity shares of Rs.10/- for the financial year 2004-05. The Board has fixed December 27, 2004, as the record date for determining the names of Shareholders/Beneficial Owners who would be entitled to the Interim Dividend. The Shareholders/Beneficial Owners whose names would appear in the Register of members maintained by the Company/Depositories as on Record Date of December 27, 2004 would be entitled for the said Interim

Bharat Heavy Electricals Ltd has informed the Exchange that the BOD of the Company in its meeting held on December 10, 2004, has declared and approved payment of interim dividend @35% i.e. Rs.3.50 per equity share for the FY 2004-2005. The Company has further informed that for the purpose of payment of aforesaid interim dividend, December 27, 2004, has been fixed as the Record Date to ascertain the names of the shareholders / beneficial owners of the company to whom the interim dividend shall be payable. The dividend shall be payable on or after December 28, 2004.

Hindustan Petroleum Corporation Ltd. has informed the Exchange that at the meeting of Board of Directors held on December 09, 2004, the Board has considered and approved payment of interim dividend @ 50% on the face value of Rs. 10/- i.e. Rs. 5/- per equity share for the financial year 2004-05.

Indian Oil Corporation Ltd has informed the Exchange that the Company has fixed December 30, 2004 as the Record Date for the purpose of ascertaining the eligibility of shareholders for payment of proposed Interim Dividend, if declared at the Board Meeting to be held on December 22, 2004. The Company has further informed that Interim Dividend, if declared by the Board, would be dispatched to the eligible shareholders by January 07, 2005.

Atlas Cycles (Haryana) Ltd has informed the Exchange that at the meeting of BODs held on December 04,2004 ,the directors have recommended dividend at the rate of 45% p.a. for the year ended March 31,2004.

Colgate Palmolive India Ltd has informed the Exchange that the BOD of the Company, at their meeting held on December 01, 2004, have declared a second interim dividend of 40% i.e. Rs.4/- per equity share of Rs.10/- for the financial year ending March 31, 2005. The said interim dividend will be payable on or about December 22, 2004. The details of the statement being issued by the Company in this regard shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Automative Axles Ltd has informed the Exchange that a final dividend of Rs.6.5 per share is recommended at the Board Meeting held on November 30, 2004 subject to approval of Shareholders and the Register of Members and Share Transfer Books of the company will remain closed from January 25,2005 to January 27,2005(both days inclusive).The BODs of the company in the Board Meeting held on November 30, 2004 appointed Mr. B.C. Prabhakar, Additional Director.

Bharat Electronics Ltd has informed the Exchange that the BODs at their meeting held on November 30,2004 declared an Interim Dividend of 40% on the paid-up capital of the Company (Rs.4 per share)for the year 2004-05.The Company has fixed December 29,2004 as the due date for payment of Interim Dividend for 2004-05 declared by the BODs on November 30,2004.

Omax Autos Limited has informed the Exchange that the following was considered and approved by the Shareholders at the AGM of the Company held on November 30,2004:1)Approval of Annual Accounts for the year ended March 31,2004.2)Final dividend @18% i.e. Rs.1.80/- per equity share of Rs.10/-.3)Re-appointment of Mr.Vineet Virmani as Director of the Company.4)Re-appointment of Dr.T.N.Kapoor as Director of the Company.5)Appointment of M/s.A.K.Gupta&Co.,Chartered Accountants as Statutory auditors of the company.6)Appointment of Mr.R.C.Bhargava as Director.7)Payment of commission to Mr.R.C.Bhargava,D

Shriram Transport Finance Co. Ltd. has informed the Exchange that the BODs of the company at their meeting held on November 30, 2004 have declared an Interim Dividend of 10% on the equity shares for the year 2004-2005.The Board has fixed December 16, 2004 as the record date for determining the shareholders entitled to receive the said dividend.

Shriram Investments Ltd. has informed the Exchange that the BODs of the company at their meeting held on November 30, 2004 have declared an Interim Dividend of 10% on the equity shares for the year 2004-2005.The Board has fixed December 16, 2004 as the record date for determining the shareholders entitled to receive the said dividend.

Aftek Infosys Limited has informed the Exchange that at the meeting of the BODs of the Company, inter alia, the following were transacted: 1) The Board recommended a dividend @ Rs.1/- per equity share of Rs.2/- each for sanction of the Shareholders at the ensuing Annual General Meeting to be held on December 28,2004. 2)The Board recommended an issue of Bonus Shares in the ratio of One equity share for every Two equity shares of the company held by the Members on a day to be fixed by the Board.3)The Board also proposed following resolutions for approval of Shareholders: a)Increasing the Author

India Nippon Electricals Limited has informed the Exchange that the Board has recommended an interim dividend of 50% i.e. Rs.5 per share on 80,79,080 equity shares absorbing an amount of Rs.4,03,95,400 at its meeting held on November 29,2004, for the year April 2004-March 2005.The dividend warrant will be dated December 13,2004 and it will be despatched to those shareholders whose names appear in the register of Members as on the Record date i.e. December 07,2004.

Sun Pharmaceuticals Industries Ltd has informed the Exchange that the BODs of the company at its meeting held on November 26,2004, in view of the likely delay for the adoption of accounts by the members for the year ended March 31,2004 due to required approval from the Board for Industrial and Financial Reconstruction(BIFR) for merger of Phlox Pharmaceuticals Limited with the Company w.e.f March 01,2004 and the consequent likely delay in payment of final dividend for the year ended March 31,2004,declared an interim dividend of 6% on outstanding Preference Shares of the Company and 65% (Rs.3.2

Crompton Greaves Ltd has informed the Exchange that the BODs have declared an interim dividend of Rs.3.50 per share on 5,23,66,656 equity shares of Rs.10/- each,for the financial year 2004-05.The dividend will be paid by December 17,2004.

Siemens Ltd has informed the Exchange that the BODs of the company at their meeting held on November 25,2004,have recommended a final dividend of 50%(including 20% special dividend) on equity shares for the financial year ended September 30,2004,which together with the Interim Dividend of 40% paid in the month of May 2004, makes a total dividend of 90% for the year 2003-04.

Greaves Cotton Limited has informed the Exchange that the BOD of the Company have on November 24, 2004, declared an Interim Dividend at the rate of 20% i.e. Rs.2/- per share for the current financial year 2004-05. The above Interim Dividend will be paid to those shareholders of the Company whose names appear in the Register of Members of the Company as on Record Date, i.e. December 03, 2004.

Walchandnagar Industries Ltd has informed the Exchange that the board of directors of the company at their meeting held on November 20,2004 have recommended dividend of 27.5% on the equity shares of Rs.10/- each i.e. Rs.2.75 per share. The board also decided to hold the AGM of the company on January 11, 2005. The dividend recommended by the directors once approved by members at the AGM will be paid within the stipulated period. The Share transfer books will remain closed from January 05, 2005 to January 11, 2005(both days inclusive) for the purpose of payment of dividend for the year ended Sep

Indian Card Clothing Co. Ltd. has informed the Exchange that the Board at its meeting held on November 19, 2004, has declared an interim dividend of 50% (Rs.5/- per share of Rs.10/- each) to be paid within 30 days from the record date.

Mirza Tanners Ltd. has informed the Exchange that the BODs of the company in their meeting held on November 18,2004 have decided to pay an interim dividend of 30% i.e. Rs.3/- per equity share of the company for the financial year ending March 31,2005 aggregating to Rs.4.89 crores.The interim dividend shall be paid to the shareholder of the company whose names appears as beneficial owners/members of the company as on Record date i.e. November 24,2004.The dividend warrant dated December 04,2004 shall be despatched on or before the date of warrant.

Bongaigaon Refinery & Petrochemicals Ltd has informed the Exchange that the BOD of the company in its meeting held on November 08, 2004, declared interim dividend of 60% on the paid up share capital of the Company (i.e. Rs.6.00 per share of Rs.10/- each) for the year 2004-05.

Gujarat Nre Coke Ltd. has informed the Exchange that the BOD at their meeting held on November 09, 2004, have 1) recommended payment of final dividend @ 10% for the Financial Year 2003-2004; 2) recommended issue of bonus shares in the ratio of 1 (one) fully paid equity shares of Rs.10/- each for every 1 (one) equity share held by the shareholders as on the Record Date to be announced.

Industrial Development Bank Of India has informed the Exchange that at the meeting of the BOD held on November 08, 2004, a dividend at Rs.1.50 per share on equity shares for the eighteen months has been recommended by the Board for adoption by the Shareholders.

Marico Industries Ltd. has informed the Exchange that the BOD of the company at its meeting held on November 08, 2004, considered and approved the declaration of second interim dividend at the rate of Rs.1.20 on equity shares of Rs.10/- each for the FY 2004-05.

Kirloskar Oil Engines Ltd. has informed the Exchange that the interim dividend of 50% on the equity shares of the company i.e. Rs.5 per equity share of Rs.10 each,aggregating to Rs.9,70,86,190/-declared by the BOD at their meeting held on October 25,2004,shall be paid through Electronic Clearing System or vide dividend warrants,as the case may be,on November 20,2004.

Esi Ltd has informed the Exchange that the BOD of the company at their meeting held on October 28, 2004, have declared interim dividend @15% on the equity capital of the Company. The Company has further informed that November 16, 2004 has been fixed as the Record Date for the purpose of payment of interim dividend.

Shipping Corporation Of India Ltd. has informed the Exchange that the date from which the dividend as declared at the Board Meeting held on October 30, 2004 is payable is November 29, 2004.

Shipping Corporation Of India Ltd. has informed the Exchange that the dividend as declared at the Board Meeting held on October 30, 2004 would be payable on November 25, 2004 and not November 29, 2004 as intimated earlier. The dividend warrants would be dispatched to the shareholders on November 22, 2004.

Television Eighteen India Ltd. has informed the Exchange that at its meeting held on October 30, 2004 the BOD have approved the following: 1) Declaration of interim dividend of Re.1/- per equity share. 2) Fixed the Record Date i.e November 18, 2004, for the purpose of interim dividend.

Sundaram Fasteners Ltd has informed the Exchange that at its meeting held on October 30, 2004 the BOD have approved an interim dividend of Re.0.70 per equity shares of Re.1 each for the financial year ending March 31, 2005.

Shipping Corporation Of India Ltd. has informed the Exchange that at its meeting held on October 30, 2004 the BOD have declared an interim dividend of 40% (Rs.4/- per share) for the financial year 2004-05.

Sah Petroleums Limited has informed the Exchange that the Board of Directors declared an interim dividend Rs.0.25 per fully paid-up equity share of Rs.5/- each for the financial year 2004-05. The record date for payment of interim dividend is November 19, 2004.

Polyplex Corporation Ltd. has informed the Exchange that the Board has in its meeting held on October 30, 2004, approved payment of Interim Dividend @50% inclusive of a special dividend of 20% to mark the 20th Anniversary of the Company's incorporation. The record date for the purpose of payment of this dividend is November 05, 2004.

Praj Industries Ltd has informed the Exchange that the Company has declared an interim dividend of Rs.3.60 per share of Rs.10/- each to all those shareholders whose name appears in the register of members, on November 15, 2004 the record date fixed by Board of Directors.

Praj Industries Ltd has informed the Exchange that at its meeting held on October 30, 2004 the BOD have declared an interim dividend @36% for the year 2004-05. The Board has fixed the record date as November 15, 2004 to fix the entitlement of interim dividend.

Indian Overseas Bank has informed the Exchange that at its meeting held on October 30, 2004 the BOD have considered payment of an interim dividend of 14% for the financial year 2004-05. The Board has also decided to fix November 16, 2004 as the Record Date for the payment of the above interim dividend.

D-Link (India) Limited has informed the Exchange that at its meeting held on October 31, 2004 the BOD have approved the payment of interim dividend @80% i.e. Rs.1.60/- per share. The company has decided to fix November 19, 2004 as the record date to determine the shareholders entitled to the aforesaid Interim dividend.

Aarti Drugs Ltd. has informed the Exchange that the BOD have at its meeting held on October 29, 2004, declared interim dividend of Rs.1.40 ps (14%) per share on equity shares of Rs.10/- each for the financial year 2004-2005.

Jb Chemicals & Pharmaceuticals Ltd. has informed the Exchange that the BOD have at their meeting held on October 28, 2004, recommended an Interim Dividend of Rs.5.00 (50%) per equity share, on equity shares of Rs.10/- each for the FY 2004-05. The Company has announced November 16, 2004 as the Record Date for the purpose of payment of interim dividend of Rs.5.00 (50%) per share of Rs.10/- each, for the FY 2004-05.

Himatsingka Seide Ltd has informed the Exchange that the BOD in its meeting held on October 29, 2004, has recommended payment of 50% Interim dividend (Rs.5/- per share of Rs.10/- each). The Record Date for the purpose of Interim Dividend has been fixed as November 05, 2004.