The automobile wheels manufacturer, Wheels India has announced that for the payment of interim dividend, the company has fixed Feb. 15, 2008 as the record date.

The company further informed that the board of directors of the company has declared the payment of interim dividend at the rate of 30% on the paid up capital for the fiscal 2007-2008.

The company manufactures steel wheels for passenger cars, utility vehicles, trucks, buses, agricultural tractors and construction equipment in India.

The company also has technical and financial collaboration with Titan Europe.