SATHAISPAT

Sathavahana Ispat Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 30, 2011 have recommended a dividend of Rs.1.80 per share (18%) for the financial year ended March 31, 2011 which is subject to approval of members in General Meeting.

Sathavahana Ispat Limited has informed the Exchange , following in connection with the dividend payment for the financial year 2009-10: (1) Date on and from which the dividend instruments on shares will be issued : on or above October 25, 2010.(2) Name of the Bank and controlling Branch: Axis Bank Limited, Begumpet Branch, Hyderabad. (3) ECS facility: Dividend will be paid through ECS facility at those centers permitted by Reserve Bank of India and will be paid to all the shareholders who have provided full and proper information of Bank particulars subject to guidelines issued in this regard

Sathavahana Ispat Limited has informed the Exchange that the Board of Directors at its meeting held on May 27, 2010 have recommended a dividend of Rs. 1.50 per share amounting to Rs. 501.00 Lakhs for the financial year ended March 31, 2010 subject to approval of Banks and members in General meeting. The applicable Corporate Dividend Tax amounting to Rs. 83.21 Lakhs will be paid by the Company.

Sathavahana Ispat Ltd has informed the Exchange, following in connection with the dividend payment for the financial year 2008-09: (1) Date on and from which the dividend instruments on shares will be issued : on or above October 24, 2009.(2) Name of the Bank and controlling Branch: Axis Bank Limited, Begumpet Branch, Hyderabad. (3) ECS facility: Dividend will be paid through ECS facility at those centers permitted by Reserve Bank of India and will be paid to all the shareholders who have provided full and proper information of Bank particulars subject to guidelines issued in this regard by R

Sathavahana Ispat Ltd has informed the Exchange that the Board of Directors, at their meeting held on June 30, 2009 recommended a dividend of Rs.1.50 per share amounting to Rs. 477.38 lakhs for the financial year ended March 31, 2009 subject to approval of Banks and members in general meeting. The applicable Corporate Dividend Tax amounting to Rs. 81.13 Lakhs will be paid by the Company.

Sathavahana Ispat Ltd has informed the Exchange that the following in connection with the dividend payment for the financial year 2007-08: (1) Date on and from which the dividend instruments on shares will be issued : on or above October 24, 2008.(2) Name of the Bank and controlling Branch: Axis Bank Limited, Begumpet Branch, Hyderabad. (3) ECS facility: Dividend will be paid through ECS facility at those centres permitted by Reserve Bank of India and will be paid to all the shareholders who have provided full and proper information of Bank particulars subject to guidelines issued in this reg

Sathavahana Ispat Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on June 30, 2008 has recommended a dividend of 15% amounting to Rs. 394.73 Lakhs for the financial year ended March 31, 2008 which is subject to approval of members in general meeting. The applicable Corporate Dividend Tax amounting to Rs. 67.08 Lakhs will be paid by the Company.

Sathavahana Ispat Ltd has informed the Exchange that the Board of Directors, at their meeting held on June 30, 2007, recommended a dividend of 10% amounting to Rs.263.00 Lakhs for the financial year ended March 31, 2007 subject to approval of Banks and members in general meeting. The applicable Corporate Dividend Tax will be paid by the Company.