Sanyei Corporation Ltd has announced that the members at the 75th Annual General Meeting (AGM) of the Company held on September 11, 2006, inter alia, have approved the declaration of Dividend at the rate of Re 1/- per Equity Share of Rs 10/- for the financial year 2005-2006 and Changed the name of the Company from 'Sanyei Corporation Ltd' to 'IndiaNivesh Ltd'.