Rasi Electrodes board recommends dividend

Rasi Electrodes has informed that the board of directors of the company at its meeting held on May 31, 2012, has recommended a dividend of Re 0.50 per equity shares translating to 5% (previous year Rs. 0.50 per share at the rate of 5%) on the nominal value of Rs 10 each for the year ended March 31, 2012.

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