Schneider Electric Infrastructure board recommends dividend

Schneider Electric Infrastructure has informed that the board of directors of the company at its meeting held on May 29, 2012, has recommended dividend at the rate of 20% (Rs. 0.40 per share) for the year ended March 31, 2012, subject to approval of the shareholders.

Further the company has informed that Alexandre Tagger was appointed as whole-time director of the company.

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