Tribhovandas Bhimji Zaveri Ltd.

Tribhovandas Bhimji Zaveri has informed that the board of directors of the company at its meeting held on May 30, 2012, have recommended dividend of Re 0.75 per equity share of Rs 10 each for the financial year 2011-12. The payment is subject to approval of shareholders in the ensuing annual general meeting.

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