Anil has informed that the Board of Directors of the Company at its meeting held on May 22, 2012, has transacted to recommend dividend of Rs. 2 (i.e. 20%) per equity share of Rs 10 each for the year ended March 31, 2012 and Rs. 3.75 per Redeemable Preference Share of Rs. 100/- each on pro rata basis from the date of their allotment for the year ended March 31, 2012.
The above information is part of company’s filing submitted to the BSE.