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Thursday, May 26, 2011

Tilaknagar Industries Ltd: Board recommends Final Dividend

Tilaknagar Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 26, 2011, inter alia, has:

1. Recommended a final dividend of Rs. 0.80 per equity share of Rs. 10/- each for the financial year 2010-11 which shall be paid on or before September 15, 2011 subject to the approval of the Members at the ensuing Annual General Meeting to be held on September 08, 2011.

2. Approved the allotment of 24,590 equity shares to option grantees under ESOP Scheme, 2008 pursuant to exercise of vested stock options.

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