Bombay Dyeing Board recommends dividend of 35%

Bombay Dyeing & Manufacturing Company Ltd has announced that the Board of Directors of the Company at its meeting held on June 30, 2008, inter alia, has recommended a dividend of Rs 3.50 per equity share of Rs 10/- each for the year ended March 31, 2008.Further the Company has informed that, the Register of Members & Share Transfer Books of the Company will remain closed from August 12, 2008 to August 27, 2008 (both days inclusive) for the purpose of payment of dividend & Annual General Meeting (AGM)) of the Company to be held on August 27, 2008.The Stock closed the day at Rs.581.80, down by Rs.34.65 or 5.62%. The stock hit an intraday high of Rs.633.50 and low of Rs.575.50.The total traded quantity was 414134 compared to 2 week average of 382760.