B. L. Kashyap and Sons Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2012, inter alia, has recommended a dividend at the rate of Re. 0.05/- (5%) per Equity Share of the face value of Re. 1/- each for the financial year 2011-12, subject to the approval of shareholders in the ensuing Annual General Meeting.