Cheviot Company board recommends dividend

Cheviot Company has informed that the board of directors of the company at its meeting held on May 30, 2012, have recommended a dividend of Rs 13 per share on 45,11,250 ordinary shares of the face value of Rs 10 each amounting to Rs 586.46 lakh for the year ended March 31, 2012 subject to approval of the members at the forthcoming annual general meeting.

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