Schablona India Ltd: Board recommends Dividend

Schablona India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 28, 2011, inter alia, has recommended payment of Dividend @ 20% i.e. Re. 0.80 (Eighty Paise only) on per Equity Share of Rs. 4/- each, for the year ended March 31, 2011, subject to approval of the Shareholders at the ensuing Annual General Meeting.