Ircon International Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 10, 2011, inter alia, has recommended dividend @ Rs. 24/- per share i.e. 240% of the paid-up share capital of the Company for 2010-11 to be declared at the forthcoming Annual General Meeting (AGM). If approved at AGM, the dividend will be dispatched on or after October 01, 2011 to all the shareholders of the Company.

This dividend is over and above the interim dividend @ Rs. 26/- per share (i.e. 260% of the paid-up share capital) already declared by the BoD and paid on 98,98,000 equity shares (Rs. 10/- each) of the Company.