Schablona India board recommends dividend

Schablona India has informed that the board of directors of the company at its meeting held on May 26, 2012, has recommended payment of dividend Re. 0.80  on per equity share of Rs. 4 each, for the year ended March 31, 2012, subject to approval of the shareholders at ensuing annual general meeting.

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