Rajoo Engineers Board Recommends Final Dividend Of Equity Shares - June 16, 2009

Rajoo Engineers Limited has informed that the Board of Directors of the Company at its meeting held on June 15, 2009, inter alia, has taken the following decisions:

1. The Board has recommended the final dividend @ Rs 2.40 per equity share (24%) subject to approval of the Members at the ensuing Annual General Meeting of the Company.

2. The Board has recommended for the subdivision of the equity share capital of the Company from equity share of face value of Rs 10/- each to equity share of Re 1/- each, subject to approval of the Members at the ensuing Annual General Meeting of the Company.

3. The Board has recommended for the delisting of securities of the Company from Ahmedabad Stock Exchange and Saurashtra Kutch Stock Exchange Limited. subject to approval of the Members at the ensuing Annual General Meeting of the Company.

4. The Board has considered the matter of increase in authorised equity share capital of the Company.

5. The Board has decided to convene the Annual General Meeting of the Company on August 10, 2009 and approved the draft Notice of the ensuing Annual General Meeting.