Steelcast has informed that the board of directors of the company at its meeting held on June 05, 2012, has recommended a final dividend of Rs. 4 per equity share (i.e. 40%) for the Financial Year 2011-12, subject to approval of the shareholders at the ensuing annual general meeting and approved listing of equity shares of the company on National Stock Exchange of India (NSE).
Further the board recommended, a sub-division of equity shares of face value of Rs. 10 each of the company into equity shares of Rs. 5 each and recommends issue of bonus share in the ratio of 1:1.
The above information is a part of company's filings submitted to BSE
