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Shardul Securities Board recommends final dividend

Shardul Securities Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 25, 2008, inter alia, has transacted the following:

1. Recommendation of Final Dividend of 10% (Rs 1 Per share) on Equity Shares of Rs 10 each for the year 2007-08, subject to approval of members of the Company.

2. Recommendation of re-appointment of Mr. Bhupendra Shroff & Mr. Gyandeo Chaturvedi, who retires by rotation, as Directors of the Company.

3. Recommendation of re-appointment of M/s. Rajen Damani & Associates as the Statutory Auditors of the Company.

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