Ircon International Board recommends dividend of 97%

Ircon International Ltd has announced that the Board of Directors of the Company at its meeting held on July 05, 2008, inter alia, has recommended dividend @ 97% of the paid-up share capital of the Company for 2007-08 to be declared at the forthcoming Annual General Meeting scheduled to be held on September 17, 2008. This dividend is over and above the interim dividend @ 203% of the paid-up share capital already declared by the BOD and paid on 98,98,000 equity shares (Rs 10/- each) of the Company to all the members on February 27, 2008 whose names appeared on the Register of Members as on February 26, 2008 which was the date of closure of Register of Members and Transfer Books for the purpose of interim dividend.