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| Exchange Disseminated Time | Indian Hume Pipe Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 24, 2005, inter alia, has recommended the following:
1. Final dividend of 50% i.e. Rs 5/- per share on 29,06,830 equity shares of the Company of the face value of Rs 10/- each to the shareholders for the year ended March 31, 2005. This together with the Special Interim Dividend of 100% i.e. Rs 10/- per share paid during February 2005 makes total payment of dividend of 150% i.e. Rs 15 per share for the financial year 2004-05.
2. Issue of Bonus Shares in the ratio of Two shares for every three shares held by the members on the Record Date.
The above is subject to the approval of the shareholders at the ensuing 79th Annual General Meeting of the Company to be held on July 29, 2005. |
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