Tata Power Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 23, 2008, inter alia, have recommended a dividend @ 105% (Rs 10.50 per share) to the shareholders 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 21, 2008 to September 10, 2008 for the purpose of payment of dividend and Annual General Meeting (AGM) of the Company to be held on September 10, 2008.