Orient Ceramics and Industries Ltd: Board recommends Dividend

Orient Ceramics and Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 26, 2011, inter alia, has recommended a dividend of Rs. 2/- per share (face value of Rs. 10/-) for the financial year ended on March 31, 2011 subject to the approval of shareholders at forthcoming Annual General Meeting. The total outgo will be Rs. 245.58 Lacs in this respect.