GUJARAT STATE PETRONET LTD. - Board recommends Dividend

Gujarat State Petronet Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 22, 2014, inter alia :<br/><br/>1. The Board recommended the dividend of Re. 1/- per share of Rs. 10 each (i.e. @10%) for the financial year 2013-14.<br/><br/>2. The Board approved allotment of 1,257 Equity Shares under Employees Stock Option Scheme - 2005 (ESOP - 2005) consequent to which the paid up Share Capital of the Company has increased from Rs. 5,627,386,950 to Rs. 5,627,399,520.