India Nippon Electricals Ltd: Board Declare Second Interim Dividend

India Nippon Electricals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 25, 2011, inter alia, decided to declare a second interim dividend of Rs.3.50 per share. On 80,79,080 equity shares this will absorb an amount of Rs. 2,82,76,780. Together with the first interim dividend of Rs.5 per share declared in December 2010, the total dividend so far declared for the year ending March 31, 2011 would work out to Rs. 8.50 per share.