Kirloskar Brothers Limited has informed the Indian stock exchanges that, the Board of directors of Kirloskar Brothers, at their meeting held on April 20, 2007 have recommended a dividend of 100%, which works out to Rs.2 per equity share of face value Rs.2 each. The dividend is subject to statutory approval by the shareholders of Kirloskar Brothers at the ensuing AGM. The Kirloskar Brothers stock closed marginally down today on the Indian stock markets.