Indian Hume Pipe Company Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on May 24, 2011 have subject to the approval of the shareholders at the ensuing Annual General Meeting recommended dividend of Rs.2/- per share (100%) on 2,42,23,585 Equity Shares of the Company of the face value of Rs.2/- each to the shareholders of the Company for the financial year ended March 31, 2011.Source : BSE