Sun Pharmaceutical Board recommends dividend of 210%

Sun Pharmaceutical Industries Ltd has announced that the Board of Directors of the Company at its meeting held on May 30, 208, inter alia, has recommended payment of dividend @ 210% on the equity shares of the Company for the year ended March 31, 2008 subject to the approval of the members at the ensuing Annual General Meeting of the Company.Further the Company has informed that, the Register of Members & Share Transfer Books of the Company will remain closed from August 27, 2008 to September 06, 2008 (both days inclusive) for the purpose of payment of dividend.The stock closed the day at Rs.1402.90, up by Rs.14.35 or 1.03%. The stock hit an intraday high of Rs.1434.90 and low of Rs.1371.The total traded quantity was 33912 compared to 2 week average of 25908.