23 Apr 07 Titan Industries Limited declares dividend

Titan Industries Limited has informed the Indian stock exchanges that, the Board of directors of Titan Industries, at their meeting held on April 21, 2007 have recommended a dividend of 50%, which works out to Rs.5 per equity share of face value Rs.10 each. The dividend is subject to statutory approval by the shareholders of Titan Industries at the ensuing AGM. The Titan Industries stock was down by 5.73% today at Rs. 952.85 at the closing bell.

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