The Register of Members and Share Transfer book of the Company will be closed from June 27, 2008 (Friday) to July 4, 2008 (Friday) both days inclusive for the purpose of the Annual General Meeting of the Company to be held on July 10, 2008 and dividend. 

The Board of Directors,at its meeting held on April 30, 2008, has approved the following:

• Audited Financial Results for the quarter and year ended March 31, 2008. View results
• Recommendation of pro-rata dividend at the rate of 5.66 % for the year ended March 31, 2008 on the 10% Optionally Convertible Redeemable Preference Shares (OCRPS).
• Recommendation of final dividend on Equity Shares for the year ended March 31, 2008 at the rate of Rs 8/- per equity share of Rs 10/- each, which is in addition to interim dividend declared at the rate of Rs 8/- per equity share.
• Re-designation of Mr Vijay Kantilal Sheth, as Vice Chairman cum Managing Director.

View press release 

The company has informed the shareholders and beneficial owners of the Company that the revised date for opening of buyback would be 7th May 2008. A corrigendum to the said effect is published in leading news papers on 30th April 2008. Click here to view the details. 

This is to inform you that a meeting of Board of Directors will be held on April 30, 2008 for considering and taking on record the Audited Financial Results of the Company for the quarter and year ended March 31, 2008. The Board may also consider recommending dividend, if any, for the financial year 2007 -08. 

The company has announced the scheme of buyback in leading newspapers such as Financial Express, Janasatta - all India editions besides Navbharat and Navshakti - Mumbai edition on 16th April 2008. The process of buyback would commence from 28th April 2008, subject to regulatory approvals. Click here to view the scheme