Updates on Dividend

| Updated on April 28, 2015 Published on April 28, 2015

Titagarh Wagons Ltd has informed BSE that:

"As informed to you by our letter dated April 18th 2015, regarding recommendation by the Board of dividend @Rs. 4/- per share (40%) on face value of Rs. 10/- per share subject to approval of the shareholders at ensuing Annual General Meeting of the Company, we advise that the equity shares of the Company have since been sub divided.

Pursuant to the said Stock Split whereby the shareholders whose names appeared on the Register of Members on April 24, 2015 (the "Record Date”) have been allotted five equity shares of Rs. 2/- each in lieu of the equity shares of Rs. 10/- each held by them and such new shares have already been credited into their respective accounts/folios.

Accordingly please note that dividend of 40% on the old shares of Rs. 10/- each shall now be read as dividend of 40% (i.e. INR 0.80 per share) on new shares of Rs. 2/- each. The date on which dividend shall be paid shall be fixed and intimated in due course."

Source : BSE - >www.bseindia.com

Published on April 28, 2015
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