Polaris Consulting & Services (Delisted) share news and announcements
BSE: 532254
Last traded ₹474.60 on 24 Jul 2018
Delisted on 1 Aug 2018.
Polaris Consulting & Services share news and announcements
1,505 announcements, routine notices left out, newest first. Page 30 of 31.
Feb 2008
11 Feb · Grant of Stock Options
Polaris Software Lab Limited had informed the Exchange regarding granting of 21,66,500 Nos. of stock options to the employees of the Company under Associate Stock Option Plan 2003 & 2004. The Company has now informed the Exchange that the number of Stock Options granted should be read as 37,500.8 Feb · Business
Media release dated February 07, 2008, titled "Polaris to set up Center of Excellence in the Retail Banking vertical for SAP Solutions". A copy of the media release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jan 2008
25 Jan · Grant of Stock Options
Pursuant to the approval accorded by the Remuneration & Compensation Committee of the Board of Directors on January 23, 2008, - 21,66,500 numbers of Stock Options have been granted to the employees and directors of the Company at price of Rs.66.05 per share under the Associate Stock Option Plan 2003 & 2004 (ASOP 2003- 17,06,000 numbers of Options) & (ASOP 2004 - 4,60,500 numbers of Options). The vesting of the said Stock Options is as follows: i) 20% of the Options - One year from the date of offer/grant date; ii) 20% of the Options - Two years from the date of offer/grant date; iii) 20% of the Options - Three years from the date of offer/grant date; iv) 20% of the Options - Four years from the date of offer/grant date; v) 20% of the Options - Five years from the date of offer/grant date. On the expiry of the vesting period, the employees have the right to convert the options into shares either in full or in tranches at any time during the exercise period as provided under the scheme24 Jan · Allotment of Equity Shares
Shareholders' Committee of the Board of Directors of the Company at its meeting held on January 23, 2008 has allotted 5,640 numbers of Equity Shares to its employees and directors under the Associate Stock Option Plan 2000 & 2003. A brief summary of the allotment is given hereunder: (1) Scheme: ASOP 2000; Date of Grant: 18.10.2001; Option Price (Rs.): 71.50; No. of Allottees: 2; No. of shares: 140; Scheme: ASOP 2003; Date of Grant: 26.06.2006; Option Price (Rs.): 76.60; No. of Allottees: 6; No. of shares: 5,500; Total No. of Allottees: 8; Total No. of Shares: 5,640.24 Jan · Management
Mr. R. Srikanth has been appointed as the Compliance Officer of the Company by the Board of Directors at the meeting held on January 23, 2008 with effect from January 01, 2008.23 Jan · Business
Media release dated January 23, 2008, titled "Polaris Reports 3rd Quarter Revenues of Rs.282.14 Cr & Profits of Rs. 19.12 Cr; Employee strength crosses 10,000. Optimus grows 29% quarter on quarter". A copy of the media release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.2 Jan · Board meeting
To inter alia, consider, approve and take on record the Audited Financial Results of the Company for the quarter ended December 31, 2007.
Dec 2007
6 Dec · Business
Media release dated December 06, 2007, titled "Mekong Housing Bank (MHB) Vietnam chooses Polaris Software's Next-Generation Intellect 787 Global Banking Platform". A copy of the media release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements) For more details click here.
Nov 2007
30 Nov · Miscellaneous
This has reference to Serial No.20 of our Notes to the Accounts of the Company for the year ended 31st March 2007. The said Case was there in a USA Court for trial on November 26th 2007. On the said day, the Plaintiffs agreed to withdraw all their claims on a payment of US$ 6,00,000 (US Dollars Six hundred thousand only) to which Polaris agreed and there after Judge Pisano did not hold trial. The Judge further announced that the case is dismissed for ever, in view of the settlement claims. The Attorney of both parties have been directed to settle the terms of the payment and other modus operandi. Therefore, the case has ended in a compromise mode on November 26, 200727 Nov · Management
Mr. M.P. Suresh Kumar, Company Secretary has resigned from the services of the Company. We are in the process of filing up the vacancy13 Nov · Business
Media release dated November 13, 2007, titled "Polaris Software launches Intellect 787, the Next-Generation Retail Banking Platform". A copy of the media release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.1 Nov · Business
Media release dated November 01, 2007, titled "SEB invests in new "Best of Breed" Liquidity Management System-Chooses next-generation Intellect Cash & Liquidity Platform from Polaris Software". A copy of the media release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Oct 2007
30 Oct · Business
Media release dated October 30, 2007, titled "Polaris and NSW Government 'Set the Pace' with new centre for Application Performance Diagnostics & Managed Testing Services ". A copy of the media release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements) For more details click here.18 Oct · Allotment of Equity Shares
The Shareholders' Committee of the Board of Directors of the Company at its meeting held on 17th October 2007 has allotted 20,175 Equity Shares to its employees under the Associate Stock Option Plan 2000, 2001 & 2003. A brief summary of the allotment is given hereunder:- 1) Scheme: ASOP 2000; Date of Grant: 18.10.2001; Option Price (Rs.) 71.50; No. of Allottees: 1; No. of shares: 100; 2) Scheme: ASOP 2001; Date of Grant: 26.09.2001; Option Price (Rs.) 57.00; No. of Allottees: 6; No. of shares: 2,775; 3) Scheme: ASOP 2001; Date of Grant: 18.10.2001; Option Price (Rs.) 71.50; No. of Allottees: 2; No. of shares: 3,000 4) Scheme: ASOP 2003; Date of Grant: 26.06.2006; Option Price (Rs.) 76.60; no of Allottees: 6; No of shares: 14,300; Total No. of Allottees: 15; To tal No. of shares: 20,17517 Oct · Grant of Stock Options
Pursuant to the approval accorded by the Remuneration & Compensation Committee of the Board of Directors on 17th October 2007, 29000 of Stock Options have been granted to the employees of the Company at Rs.115.60p per share under the Associate Stock Option Plan 2003 (ASOP 2003). The vesting of the said Stock Options is as follows: i) 20% of the Options - One year from the date of offer/grant date; ii) 20% of the Options - Two years from the date of offer/grant date; iii) 20% of the Options - Three years from the date of offer/grant date; iv) 20% of the Options - Four years from the date of offer/grant date; v) 20% of the Options - Five years from the date of offer/grant date. On the expiry of the vesting period, the employees have the right to convert the options into shares either in full or in tranches at any time during the exercise period as provided under the scheme17 Oct · Management
Auditor's report in respect of the audited financial results for the quarter ended September 30, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.17 Oct · Business
Press release dated October 17, 2007, titled "Polaris Reports Solid Second Quarter FY '07-'08 Results". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.17 Oct · Results
Standalone Results for the half year ended on 30-SEP-2007 as follows: Net Sales of Rs. 45934.36 lacs for half year ending on 30-SEP-2007. Net Profit / (Loss) of Rs. 2563.13 lacs for the half year ending on 30-SEP-2007.17 Oct · Results
Standalone Results for the quarter ended on 30-SEP-2007 as follows: Net Sales of Rs. 23643.28 lacs for quarter ending on 30-SEP-2007 against Rs. 22291.08 lacs for the quarter ending on 30-JUN-2007. Net Profit / (Loss) of Rs. 1256.6 lacs for the quarter ending on 30-SEP-2007 against Rs. 1306.53 lacs for the quarter ending on 30-JUN-2007.17 Oct · Results
Consolidated Results for the quarter ended on 30-SEP-2007 as follows: Net Sales of Rs. 27355.08 lacs for quarter ending on 30-SEP-2007 against Rs. 25745.05 lacs for the quarter ending on 30-JUN-2007. Net Profit / (Loss) of Rs. 1822.35 lacs for the quarter ending on 30-SEP-2007 against Rs. 1441.93 lacs for the quarter ending on 30-JUN-2007.17 Oct · Results
Standalone Results for the quarter ended on 30-SEP-2007 as follows: Net Sales of Rs. 23643.28 lacs for quarter ending on 30-SEP-2007 against Rs. 22291.08 lacs for the quarter ending on 30-JUN-2007. Net Profit / (Loss) of Rs. 1256.6 lacs for the quarter ending on 30-SEP-2007 against Rs. 1306.53 lacs for the quarter ending on 30-JUN-2007.8 Oct · Board meeting
To inter-alia, consider, approve and take on record the Audited Financial Results of the Company for the quarter & half-year ended September 30, 2007.
Aug 2007
29 Aug · Business
Media release dated August 29, 2007, titled "Polaris Retail Solution - Retail Excel is now powered by SAP NetWeaver". A copy of the media release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jul 2007
25 Jul · Miscellaneous
Chairman's Speech delivered at the Annual General Meeting of the Company held on July 17, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.18 Jul · Allotment of shares
Shareholders' Committee of the Board of Directors of the Company at its meeting held on 18th July 2007 has allotted 66,665 Equity Shares to its employees and directors under the Associate Stock Option Plan 2000, 2001 & 2003. A brief summary of the allotment shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.18 Jul · Grant of Stock Options
Pursuant to the approval accorded by the Remuneration & Compensation Committee of the Board of Directors on 18th July 2007, 89000 Nos. of Stock Options have been granted to the employees of the Company at Rs.149.65p per share under the Associate Stock Option Plan 2003 ( ASOP 2003). The Vesting of the said Stock Options is as follows: 20% of the Options - One year from the date of offer/ grant date; 20% of the Options - Two years from the date of offer/ grant date; 20% of the Options - Three years from the date of offer/grant date; 20% of the Options - Four years from the date of offer/grant date; 20% of the Options - Five years from the date of offer/grant date. On the expiry of the vesting period, the employees have the right to convert the options into shares either in full or in tranches at any time during the exercise period as provided under the scheme18 Jul · Business
Media release dated July 18, 2007, titled "Polaris posts Q1 revenue of Rs 257.45 cr & profits of Rs.14.42 cr ...6 Intellect wins in a single quarter". The details of the media release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.18 Jul · Results
Standalone Results for the quarter ended on 30-JUN-2007 as follows: Net Sales of Rs. 22291.08 lacs for quarter ending on 30-JUN-2007. Net Profit / (Loss) of Rs. 1306.53 lacs for the quarter ending on 30-JUN-2007.18 Jul · Results
Consolidated Results for the quarter ended on 30-JUN-2007 as follows: Net Sales of Rs. 25745.05 lacs for quarter ending on 30-JUN-2007 against Rs. 27077.91 lacs for the quarter ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 1441.93 lacs for the quarter ending on 30-JUN-2007 against Rs. 2139.97 lacs for the quarter ending on 31-MAR-2007.18 Jul · Meeting
At the Annual General Meeting of the Company held on July 17, 2007, the following resolution were unanimously passed by the Shareholders of the Company:- 1) Confirmed two interim dividends of Re.1/- and Rs.1.25 per equity share declared for the financial year ended March 31, 2007. 2) Re-appointment of Mr. R C Bhargava as Director under Section 256 of the Companies Act, 1956. 3) Re-appointment of Mr. Arvind Kumar as Director under Section 256 of the Companies Act, 1956. 4) Re-appointment of Mr. Ajit Bhushan as Director under Section 256 of the Companies Act, 1956. 5) Re-appointment of M/s S.R. Batliboi & Associates, Chartered Accountants, Chennai as the Statutory Auditors for the year 2007-08.6 Jul · Board meeting
To interalia, consider, approve and take on record the Audited Financial Results of the Company for the quarter ended June 30, 2007.
Jun 2007
29 Jun · Meeting
Notice of the Annual General Meeting of the Company to be held on July 17, 2007. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.21 Jun · Meeting
Register of Members and Share Transfer Books of the Company will remain closed from July 12, 2007 to July 17, 2007 (both days inclusive) for the purpose of Annual General Meeting of the Company to be held on July 17, 2007.
May 2007
22 May · Business
Media release dated May 22, 2007, titled "Polaris enters into a strategic agreement with Ementor Denmark A/S". The details of the media release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.21 May · Grant of Stock Options
Pursuant to the approval accorded by the Remuneration & Compensation Committee of the Board of Directors on 18th May 2007, 158000 Nos. of Stock Options have been granted to the employees of the Company at Rs.171.95p per share under the Associate Stock Options Plan 2003 ( ASOP 2003). The Vesting of the said Stock Options is as follows : 20% of the options - One year from the date of offer/ grant date; 20% of the Options - Two years from the date of offer/ grant date; 20% of the Options - Three years from the date of offer/grant date; 20% of the Options - Four years from the date of offer/grant date; 20% of the Options - Five years from the date of offer/grant date. On the expiry of the vesting period, the employees have the right to convert the options into shares either in full or in tranches at any time during the exercise period as provided under the scheme10 May · Business
Media release dated May 10, 2007, titled "Polaris Software launches Canada development facility". The copy of the media release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Apr 2007
28 Apr · Business
Media release dated April 27, 2007, titled "Polaris crosses the double milestones of 1000 Cr annual revenues and 100 Cr annual profits". The details of the media release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.13 Apr · Board meeting
To inter-alia, consider, approve and take on record the Audited Financial Results of the Company for the quarter and financial year ended March 31, 2007.12 Apr · Business
Media release dated April 12, 2007, titled "Polaris launches its Super Specialty center for Risk & Treasury Solution". A copy of the media release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.2 Apr · Allotment of shares
The Shareholders' Committee of the Board of Directors of the Company has allotted 3,925 Equity Shares to its employees under the Associate Stock Option Plan 2000, 2001 & 2003 on 31st March, 2007. A brief summary of the allotment is given hereunder:- (1) Scheme - ASOP 2000; Date of Grant - 18.10.2001; Option Price (Rs) - 71.50; No. of Allottees - 2, No. of Shares - 150. (2) Scheme - ASOP 2001; Date of Grant - 26.09.2001; Option Price (Rs) - 57.00; No. of Allottees - 4, No. of Shares - 1,125. (3) Scheme - ASOP 2003; Date of Grant - 28.07.2004; Option Price (Rs) -152.95; No. of Allottees - 5 ; No of Shares - 2,650. Total No. of Allottees - 11; Total No. of Shares - 3,925
Mar 2007
28 Mar · E-mail ID for Investor Complaints
Company has generated an e-mail ID [email protected] for registering complaints by investors. The said e-mail ID has been hosted on the investor's page of the Company's website i.e. www.polaris.co.in.28 Mar · Allotment of shares
The Shareholders' Committee of the Board of Directors of the Company, at its meeting held on 28th March 2007 has allotted 1,61,805 Equity Shares to its employees under the Associate Stock Option Plan 2000, 2001 & 2003. A brief summary of the allotment is given hereunder:- (1) Scheme - ASOP 2000; Date of Grant - 28.01.2003; Option Price (Rs) - 126.70; No. of Allottees - 27, No. of Shares - 14,425. (2) Scheme - ASOP 2000; Date of Grant - 28.01.2003; Option Price (Rs) - 126.70; No. of Allottees - 27, No. of Shares - 14,140. (3) Scheme - ASOP 2000; Date of Grant - 18.10.2001; Option Price (Rs) - 71.50; No. of Allottees - 24, No. of Shares - 6,820. (4) Scheme - ASOP 2001; Date of Grant - 01.04.2003; Option Price (Rs) - 123.65; No. of Allottees - 1, No. of Shares - 200. (5) Scheme - ASOP 2001; Date of Grant - 28.01.2003; Option Price (Rs) - 126.70; No. of Allottees - 15, No. of Shares - 5,910. (6) Scheme - ASOP 2001; Date of Grant - 28.01.2003; Option Price (Rs) - 126.70; No. of Allottees - 15, No. of Shares - 5,100. (7) Scheme - ASOP 2001; Date of Grant - 18.10.2001; Option Price (Rs) - 71.50; No. of Allottees - 8, No. of Shares - 6,100. (8) Scheme - ASOP 2001; Date of Grant - 26.09.2001; Option Price (Rs) - 57.00; No. of Allottees - 42, No. of Shares - 12,810. (9) Scheme - ASOP 2003; Date of Grant - 28.07.2004; Option Price (Rs) - 152.95; No. of Allottees - 38, No. of Shares - 29,600. (10) Scheme - ASOP 2003; Date of Grant - 28.07.2004; Option Price (Rs) - 152.95; No. of Allottees - 38, No. of Shares - 30,900. (11) Scheme - ASOP 2003; Date of Grant - 27.04.2005; Option Price (Rs) - 116.10; No. of Allottees - 3, No. of Shares -1,400. (12) Scheme - ASOP 2003; Date of Grant - 08.06.2004; Option Price (Rs) - 137.40; No. of Allottees - 17, No. of Shares - 13,600. (13) Scheme - ASOP 2003; Date of Grant - 08.06.2004; Option Price (Rs) - 137.40; No. of Allottees - 19, No. of Shares - 10,000. (14) Scheme - ASOP 2003; Date of Grant - 21.01.2005; Option Price (Rs) - 139.85; No. of Allottees - 3, No. of Shares - 3,000. (15) Scheme - ASOP 2003; Date of Grant - 21.01.2005; Option Price (Rs) - 139.85; No. of Allottees - 3, No. of Shares - 2,000. (16) Scheme - ASOP 2003; Date of Grant - 21.07.2005; Option Price (Rs) - 134.00; No. of Allottees - 3, No. of Shares - 900. (17) Scheme - ASOP 2003; Date of Grant - 20.10.2005; Option Price (Rs) - 118.15; No. of Allottees - 3, No. of Shares - 1,000. Total No. of Allottees - 286; Total No. of Shares - 1,61,80528 Mar · Business
Polaris Software Lab Limited had informed the Exchange regarding the declaration of 2nd Interim Dividend @25% (Re.1.25p per equity share of Rs.5/- each) on the equity share capital of the Company. The Company has now submitted to the Exchange a copy of the media release, dated March 28, 2007, titled "Polaris declares 2nd interim dividend of 25%", which shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.28 Mar · Dividend
The Board of Directors at its meeting held on today i.e. 28th March 2007 has declared 2nd Interim Dividend of 25% (Re.1.25 per share) on the Equity Share Capital of the Company. The said 2nd interim dividend of Re.1.25 per equity share will be paid to the shareholders of the Company whose names appear in the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on 5th April 2007 which is the record date fixed for the above purpose21 Mar · Board meeting
To consider inter-alia declaration of second interim dividend on the equity share capital of the Company. Further, the Company has fixed April 05, 2007 as 'Record Date' to determine the eligibility of the equity shareholders who would receive the said Interim Dividend if declared by the Board of Directors at its aforesaid meeting. In the event of the Board deciding to pay Interim Dividend, the Company shall commence payment of the same on and from April 17, 2007.6 Mar · Business
Press release dated March 06, 2007, titled "Polaris reassessed at CMMI Level 5". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Feb 2007
1 Feb · Business
Press release dated February 01, 2007, titled "Polaris Software Wins Global Recognition". The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jan 2007
29 Jan · Grant of Options
8,59,000 & 4,70,000 number of stock options (Total 13,29,000) have been granted at Rs. 227.40/- per share under the Associate Stock Option Plan 2003 & 2004 (ASOP 2003 & ASOP 2004) respectively, to the employees of the Company by Remuneration & Compensation committee of the Board of Directors on January 29, 2007. The said options are convertible into equal number of equity shares of Rs.5/- each. The options can be exercised in five (5) equal installments (i.e. 20% each year) over a period of 5 years from the date of offer/ grant24 Jan · Allotment of shares
The Shareholders' Committee of the Board of Directors of the Company, at its meeting held on 22nd January 2007 has allotted 108,690 Equity Shares to its employees and directors under the Associate Stock Option Plan 2000, 2001 & 2003. A brief summary of the allotment is given hereunder:- (1) Scheme - ASOP 2000; Date of Grant - 18.10.2001; Option Price (Rs) - 71.50; No. of Allottees - 92, No. of Shares - 32,790. (2) Scheme - ASOP 2000; Date of Grant - 01.04.2003; Option Price (Rs) - 123.65; No. of Allottees - 3, No. of Shares - 4,100. (3) Scheme - ASOP 2000; Date of Grant - 28.01.2003; Option Price (Rs) - 126.70; No. of Allottees - 15, No. of Shares - 11,870. (4) Scheme - ASOP 2001; Date of Grant - 18.10.2001; Option Price (Rs) - 71.50; No. of Allottees - 17, No. of Shares - 15,000. (5) Scheme - ASOP 2001; Date of Grant - 26.09.2001; Option Price (Rs) - 57.00; No. of Allottees - 62, No. of Shares - 23,280. (6) Scheme - ASOP 2001; Date of Grant - 01.04.2003; Option Price (Rs) - 123.65; No. of Allottees - 3, No. of Shares - 6,000. (7) Scheme - ASOP 2001; Date of Grant - 28.01.2003; Option Price (Rs) - 126.70; No. of Allottees - 6, No. of Shares - 3,350. (8) Scheme - ASOP 2003; Date of Grant - 20.10.2005; Option Price (Rs) - 118.15; No. of Allottees - 2, No. of Shares - 800. (9) Scheme - ASOP 2003; Date of Grant - 27.04.2005; Option Price (Rs) - 116.10; No. of Allottees - 1, No. of Shares - 300. (10) Scheme - ASOP 2003; Date of Grant - 08.06.2004; Option Price (Rs) - 137.40; No. of Allottees - 4, No. of Shares - 5,000. (11) Scheme - ASOP 2003; Date of Grant - 28.07.2004; Option Price (Rs) - 152.95; No. of Allottees - 3, No. of Shares - 6,200. Total No. of Allottees - 208; Total No. of Shares - 108,69023 Jan · Corporate action
Board of Directors has fixed 7th February 2007 as the Record date for the purpose of determining the eligibility of the shareholders entitled to receive interim dividend of Re. 1/- per equity share of Rs. 5/- each declared at the Board Meeting held on 22nd January 2007. The interim dividend as aforesaid shall be paid from 14th February 2007.