Adi Finechem Ltd: Board recommends Dividend

Adi Finechem Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 12, 2011, inter alia, has recommended a dividend at 10% i.e. Re. 1 per equity share (on par value of Rs. 10 each) for the year ended March 31, 2011. The payment is subject to the approval of the shareholders in the ensuing Annual General Meeting of the Company.