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Rajkumar Forge - Outcome of Board Meeting

Rajkumar Forge Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 24, 2008, inter alia, has transacted the following:

1. Recommended payment of dividend on 5,00,000 4% Preference Shares of Rs 10/- each fully paid.

2. Approved redemption of 5,00,000 4% Preference Shares of Rs 10/- each fully paid.

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