20 Apr 07 Exide Industries declares dividend

Exide Industries Ltd has informed the Indian stock exchanges that, the Board of directors of Exide Industries, at their meeting held on April 20, 2007 have recommended a dividend of 35%, which works out to Rs.0.35 per equity share of face value Rs.1 each. The dividend is subject to statutory approval by the shareholders of Exide Industries at the ensuing AGM. The IDBI stock was up 1.22%todayÃ‚Â at Rs. 45.55 at the closing bell.

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