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Swiss Glascoat Equipments has informed that the board of directors of the company at its meeting held on July 25, 2012, has recommended dividend at the rate of 22% (Rs. 2.20 per equity share of Rs. 10 each) for the year 2011-12, subject to the approval of the shareholders in the ensuing annual general meeting held on September 17, 2012.

Further, the recommended dividend, if approved by the shareholders in the aforesaid manner, shall be paid on October 12, 2012.

The above information is a part of company's filings submitted to BSE.

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