ISMT Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 28, 2010, inter alia, has transacted the following: 1. The Board has recommended a dividend of Rs. 1/- per equity share for the financial year ended March 31, 2010, subject to approval of the members at the ensuing Annual General Meeting. 2. The commercial production of the expanded steel making capacity has commenced with effect from September 27, 2010.