IMP Powers has informed that the board of directors of the company at its meeting held on August 29, 2012, has recommended a dividend of Re. 1 per equity share for the year ended on June 30, 2012 on equity shares of Rs. 10 of the company & also recommended a special dividend of Rs. 0.50 to commemorate the golden Jubilee year, which will be paid on or before January 30, 2013.
The above information is a part of company's filings submitted to BSE.