Housing Development Finance Corporation allots equity shares On 18 May 2012 Housing Development Finance Corporation on 18 May 2012 has allotted 1,79,440 equity shares of Rs 2 each pursuant to exercise of stock options by certain employees/ directors and allotted 9,250 equity shares of Rs 2 each of the corporation under pursuant to exchange of 9,250 warrants. Further, the corporation has extinguished the said 9,250 warrants and the outstanding warrants post the said exchange stands at 5,46,95,580. Post the above allotment, the paid-up equity share capital of the corporation would stand at Rs 295.43 crore consisting of 147,71,62,500 equity shares of Rs 2 each.

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Force Motors recommends dividend Of Rs 10 per share The board of Force Motors in its meeting on 19 May 2012 has recommended dividend at the rate of Rs 10 per share (100%).

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Integrated Financial Services to consider dividend Board meeting on 25 May 2012 The board meeting of Integrated Financial Services will be held on 25 May 2012 to consider the audited financial results of the company for the year ended 31 March 2012 and to consider payment of dividend.

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Jain Irrigation & TALIS announces global strategic cooperation Jain Irrigation Systems and TALIS Management Holdings GMBH (Rodgau, Germany) jointly announce a global strategic cooperation to bundle TALIS products as part of JAIN product offerings. JAIN a diversified global irrigation and pipes company headquartered in Jalgon, India and Talis Group a leading European design and manufacturer of valves and fittings intend to strengthen their business relationship by offering integrated irrigation and water infrastructure solutions worldwide.

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Pudumjee Pulp & Paper Mills to consider dividend Board meeting on 29 May 2012 The board meeting of Pudumjee Pulp & Paper Mills will be held on 29 May 2012 to consider and adopt the accounts for the year ended 31 March 2012 and for recommendation of dividend if any.

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Rama Newsprint & Papers' director resigns With effect from 11 May 2012 Rama Newsprint & Papers has announced that S Doreswamy has resigned as director of the company with effect from 11 May 2012.

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Thirumalai Chemicals to announce financial results Board meeting on 24 May 2012 The board meeting of Thirumalai Chemicals will be held on 24 May 2012 to consider and approve the audited standalone & consolidated financial results for the year ended 31 March 2012 and to consider recommendation of dividend, if any.

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Tata Steel recommends dividend Of Rs 12 per share The board of Tata Steel in its meeting on 18 May 2012 has recommended dividend at the rate of Rs 12 per share of Rs 10 each.

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Tata Investment Corporation recommends dividend Of 210% The board of Tata Investment Corporation in its meeting on 18 May 2012 has recommended dividend at the rate of Rs 21.00 per share(210%) of Rs 10.00 each including a platinum jubilee dividend of Rs 5.00 per share.

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Walchand Peoplefirst recommends dividend Of Re 1 per share The board of Walchand Peoplefirst in its meeting on 18 May 2012 has decided to recommend the payment of dividend of Re 1 per equity share of Rs 10/- each to the shareholders of the company.

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