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| Exchange Received Time 25/09/2017 19:36:59 Exchange Disseminated Time 25/09/2017 19:37:03 Time Taken 00:00:04 | In terms of Regulation 30 read with Part A of Schedule III of the SEBI (LODR) Regulations, 2015, this is to inform you that, the meeting of the Board of Directors of our Company was held today at 6.30 p.m.and concluded at 7.15 p.m. at the Registered office of the Company, wherein the following business was inter-alia transacted:
1.Declared first interim dividend of Rs. 0.20/- per share having face value of Rs. 1/- each for the financial year 2017-18.
2.Considered and approved re-appointment and remuneration payable to Mr. Bipin M. Manek (DIN: 00416441) Chairman and Managing Director of the Company for a period of five years with effect from November 1, 2017 till October 31, 2022, subject to the approval of Members at the ensuing General Meeting of the Company.
Pursuant to Regulation 42 of the SEBI (LODR) Reg, 2015, the record date for reckoning shareholders entitle to receive first interim dividend for the financial year 2017-18 will be Thursday, October 19, 2017. |
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