Sharon Bio-Medicine recommends dividend

Sharon Bio-Medicine has informed that the board of directors of the company at its meeting held on October 24, 2011, has recommended dividend of Rs. 1.80 per share on 10556900 equity shares of Rs. 10 each fully paid up for the year ended June 30, 2011, subject to approval of the members at the ensuing Annual General Meeting.

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