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IndiaNivesh Board recommends final dividend

IndiaNivesh Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 30, 2008, inter alia, has recommended a final dividend @ 10% in Re 1/- per share of Rs 10/- each for the Financial Year 2007-2008 subject to approval of shareholders at the ensuing Annual General Meeting. Company has already declared and paid an Interim Dividend @ 20% i.e. Rs 2/- per share on January 16, 2008 which amounts to 30% of the aggregate dividend for the financial year 2007-2008.

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