VTX Industries board not to issue any dividend

VTX Industries has informed that the board meeting of the company which was held on May 29, 2012 as scheduled and postponed/continued on May 30, 2012 due to pending agenda for discussion transacted that no dividend was recommended by the Board for the year 2011-12, considering the requirement of funds for future growth of the company.

Further the board appointed J Balamurugan as new director of the company, to fill the casual vacancy in the Board, with immediate effect and taken on record the appointment of R Murali as vice president - finance & accounts, effective May 08, 2012.

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