BIRLAPOWER

Birla Power Solutions Limited has informed the Exchange that the Board of Directors at its meeting held on August 30, 2010 have recommended payment of dividend at the rate of 7.5 percent (i.e. seven and half paise per share) for the financial year ended March 31, 2010 on the existing paid up capital.

Birla Power Solutions Limited has informed the Exchange that at the Board meeting held on October 14, 2008 the Board of Directors have transacted the following items:- (1) Recommended a dividend @3% (Rs.0.30 paise per share) on equity shares of Rs.10/- each. (2) Approved raising of funds by way of Public Issue and / or Rights Issue and / or QIP Issue (as per Chapter XIII A of SEBI (DIP) Guidelines) upto a sum of Rs.60.00 crores subject to approval of shareholders in Annual General Meeting, u/s 81 (1A) of the Companies Act, 1956.

Birla Power Solutions Limited has informed the Exchange that in the Board Meeting held on July 31, 2007, the following items, inter alia, have been considered:- 1) A dividend of 6% (Rs.0.60 per equity share) has been recommended. 2) Mr. Biswajit Sarkar has been appointed as Additional Director and Whole time director subject to approval of shareholders in the ensuing AGM.