Kamla Dials Board to recommend dividend

Kamla Dials & Devices Ltd has announced that a meeting of the Board of Directors of the Company will be held on May 29, 2007, inter alia, for transacting the following:

1. Adoption of Audited Annual Accounts for the year ended March 31, 2007;

2. Recommendation of Dividend to be declared, subject to the approval of Members at the AGM, for the year ended March 31, 2007;

3. Fixture of Book Closure dates; and

4. Conversion of 260000 Zero Coupon Warrants into equal number of equity shares.

Source : Equity Bulls

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