Sun Pharmaceutical Industries Ltd has announced that the Board of Directors of the Company at its meeting held on March 10, 2007, has declared an interim dividend @ 6% p.a. on the outstanding 6% Cumulative Redeemable Preference Shares of Re 1/- each and @ 135% on equity shares of Rs 5/- each i.e. Rs 6.75 per equity share of Rs 5/- each of the Company for the year ended March 31, 2007.