Swarnasarita Gems has informed that the board of directors of the company at its meeting held on August 11, 2012, has declared dividend of Rs. 0.50 [at the rate of 5% of Rs. 10 per share) on 1,98,56,800 equity shares of Rs. 10 each subject to approval of the members at the forthcoming 20th annual general meeting of the company.
The above information is a part of company's filings submitted to BSE.