21 May 07 Kalpataru Power, Parsvnath Developers, Nava Bharat dividend

Nava Bharat Ventures has informed the Indian stock exchanges that the board of Nava Bharat Ventures on 19 May 2007 had recommended a dividend of 200%. The board of directors of Nava Bharat Ventures have also resolved to  acquire 51% stake in Brahmani Infratech for Rs. 55 crores. Karnataka Bank has informed the Indian stock exchanges that the board had recommended a dividend of 35%. Kalpataru Power Transmission has informed the Indian stock exchanges that the board of Kalpataru Power Transmission has recommended a dividend of 75%. Parsvnath Developers has informed the Indian stock exchanges that the board of Parsvnath Developers has recommended a dividend of 25%.

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