Banco Products (India) Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2011, inter alia, has recommended Dividend of 150% (i.e. Rs. 3.00 per Equity Shares of Rs. 2/- each) for the Financial Year ended on March 31, 2011 subject to approval by the shareholders in ensuing Annual General Meeting.Source : BSE