GMRINDSTRS

Gmr Industries Limited has informed the Exchange that a Meeting of the Board of Directors of the Company held on June 28, 2007 recommended a 15% equity dividend and 8% fixed dividend on preference shares.

Gmr Industries Limited had informed the Exchange regarding the payment of dividend to shareholders on October 27, 2006, including ECS cases. The Company has now informed the Exchange that in view of continuous bank holidays on account of Dewali, Ramzan and proposed Bank Strike on October 27, 2006, as suggested by the bank, the Company have made arrangements for distribution of dividends by way of DDs to the shareholders who are eligible for dividend amount of Rs.10,000/- & above and by way of Dividend Warrants to shareholders, who are eligible for dividend amount upto Rs.9,999/-.

Gmr Industries Limited has informed the Exchange that the Company is proposing to make payment of dividends for the financial year 2005-06 to the shareholders on October 27, 2006. The dividend payment shall be made in following modes: (i) By way of DDs to the shareholders who are eligible for dividend amount of Rs. 10,000/- & above. (ii) By way of ECS who have opted for ECS facility. (iii) By way of Dividend Warrants, who are eligible for dividend amount upto Rs.9,999/-, which shall be payable at par. The Company agrees that it would bear the collection charges, if any, collected by any bank i