Companies Declared Dividend News on 17 May

IPO Initial Public Offerings

Rajshree Sugars & Chemicals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 17, 2010, recommend a dividend of Rs. 3/- per share for the year 2009-10.

Poly Medicure Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 17, 2010, have recommended a dividend @ Rs. 2.50 per equity share of Rs. 10 each.

International Conveyors Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 17, 2010, inter alia, have recommended a final dividend of Rs. 0.15 per equity shares (i.e. 15%) in addition to the Interim Dividend of Rs. 0.10 per equity share (i.e. 10%).

APW President Systems Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 17, 2010, inter alia, has recommended a dividend @ 20% on Equity Shares (i.e. Rs. 2/- per share), subject to approval of members in the Annual General Meeting.

Provogue (India) Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 25, 2010, inter alia, to consider the following: 1. The Audited financial results of the company for the year ended March 31, 2010. 2. To consider recommendation of dividend to the shareholders for the year ended March 31, 2010.

Reliance Communications Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 15, 2010, inter alia, has recommended a dividend of Re. 0.85 per equity share of Rs. 5 each i.e. 17% for the financial year ended March 31, 2010.

Hi-Tech Gears Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 15, 2010, inter alia, has recommended that a dividend of 45% of the paid share capital i.e. Rs. 4.50 per share.

Kavveri Telecom Products Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 15, 2010, inter alia, has recommended a final dividend of Rs. 2/- share.

Spice Mobiles Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 15, 2010, inter alia, has recommended a dividend of 50% (Rs. 1.50) per equity share of Rs. 3/- each for the financial year ended March 31, 2010.

Premier Explosives Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 15, 2010, inter alia, has recommended a dividend @ Rs. 2.00 per share for the year ended March 31, 2010 on the amount paid up, subject to approval of shareholders.

Jammu & Kashmir Bank Ltd has informed BSE that the Board of Directors of the Bank at its meeting held on May 15, 2010, inter alia, have recommended 220% Dividend (i.e. Twenty Two Rupees per share) to shareholders for the year 2009-2010.

DFM Foods Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 15, 2010, inter alia, has recommended the payment of dividend @ 15% on 99,71,676 equity shares of Rs. 10/- each for the year 2009/10.

Surana Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 15, 2010, inter alia, has recommended dividend of 15%.

Man Infraconstruction Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 25, 2010, inter alia, to consider the following : 1. To approve and take on record the audited financial results of the Company for the year ended March 31, 2010; and 2. To recommend dividend, if any.

Kalyani Forge Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 26, 2010, inter alia, to consider and take on record Financial Results for the quarter and year ending on March 31, 2010 and to recommend dividend if any.

Kabra Extrusiontechnik Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 26, 2010, inter alia, to transact the following business: 1. To consider and approve the Audited Balance Sheet as at March 31, 2010 and Profit & Loss Account for the year ended on that date. 2. To consider recommendation of Dividend, if any, in respect of the Financial year 2009-2010. 3. To approve Audited Financial Results for the year ended March 31, 2010. 4. To consider and approve other corporate reports forming part of the forthcoming Annual Report- 2009-10.

Plastiblends India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 26, 2010, inter alia, to transact the following business: 1. To consider and approve the Audited Balance Sheet as at March 31, 2010 and Profit & Loss Account for the year ended on that date. 2. To consider recommendation of Dividend/ if any, in respect of the Financial year 2009-2010. 3. To approve Audited Financial Results for the year ended March 31, 2010. 4. To consider and approve other corporate reports forming part of the forthcoming Annual Report- 2009-10.

Jyothy Laboratories Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 25, 2010, inter alia, to consider the following : 1. Results of the Company for the Financial Year ended March 31, 2010 & 2. Declaration of dividend, if any, for the said Financial Year.

Trent Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 28, 2010, inter-alia to approve the Audited Financial Results and recommendation of Dividend on the Equity Shares any, for the year ended March 31, 2010.

Coastal Roadways Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 27, 2010, to consider and take on record the Audited Financial Results of the Company for the year ended March 31, 2010 and recommend Dividend, if any.

Lakshmi Mills Company Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 26, 2010, inter alia, to consider and take on record the Audited Results for the year ended March 31, 2010 and declaration of dividend, if any.

TVS Srichakra Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 28, 2010, to 1. consider the declaration of final dividend 2. consider and take on record the audited financial results for the year ended March 31, 2010.

Vinyl Chemicals (India) Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 25, 2010, interalia, to consider the Audited Financial Results for the year ended March 31, 2010 and for considering whether dividend on equity shares of the company be recommended and if so, the amount thereof.

Mundra Port and Special Economic Zone Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 17, 2010, inter alia, has recommended Final Dividend of Re. 1.50/- on Equity Shares of Rs. 10/- each subject to Shareholders approval in Annual General Meeting.

Hind Rectifiers Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 28, 2010 inter alia, to consider the following Agenda: 1. To approve and take on record the Audited Financial Results of the Company for the year ended March 31, 2010. 2. To recommend Dividend subject to the approval of Shareholders for the year ended March 31, 2010. 3. To finalize the date of Book closure and Annual General Meeting. 4. To discuss the General Working of the Company.

Larsen & Toubro Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 17, 2010, inter alia, have recommended a Dividend of Rs. 12.50/- per share (previous year Rs. 10.50/- per share).

Source: BSE India

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