NOCIL board recommends dividend

NOCIL has informed that the board of directors of the company at its meeting held on May 30, 2012, has recommended a dividend at the rate of Re 0.60 per equity share of Rs 10 each (6%) for the financial year 2011-12, which will absorb Rs 1122 lakh (including tax on dividend).The dividend, if approved at the annual general meeting to be held on July 31, 2012, will be paid on August 06, 2012.

The above information is part of company’s filing submitted to the BSE.