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| Exchange Disseminated Time | Maxwell Industries Ltd has informed BSE that the Board of Director of the Company at its meeting held on May 30, 2015, inter alia, has approved the following:
1. Recommend dividend of Rs. 5 per share on 5% Redeemable Preference Shares of Rs.100/ each for the financial year 2014-15, subject to approval by members at ensuing Annual General Meeting.
2. Recommend dividend of 30 paise per share on Equity Shares of the Company face value of Rs. 2/- each for the financial year 2014-15, subject to approval by members at ensuing Annual General Meeting.
3. Approved the Code of conduct to regulate, monitor and report trading by Insiders of the Company as per Regulation 8(1) of the SEBI (Prohibition of Insider Trading Regulation), 2015.
4. Approved the Code of practices and procedures for fair disclosure of unpublished price sensitive information as per Regulation 9(1) of the SEBI (Prohibition of Insider Trading Regulation), 2015.
5. Mr. R. Venkataraman C.F.O & C.O.O of the Company retires from the service effective from June 06, 2015.
6. Mr. Ashish Mandaliya has been appointed as C.F.O and Company Secretary of the Company with effect from June 06, 2015.
7. Mr. Devendra Vyas appointed as Chief Financial Controller of the Company with effect from May 30, 2015. |
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