Corporate Announcement
Security Code : 503811    Company : SIYSIL    
 
Outcome of Board Meeting 
  Exchange Disseminated Time     20/05/2016 20:56:09
Siyaram Silk Mills Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 20,
2016, inter alia, has

1. The Board did not recommend any final dividend and confirmed the Interim Dividend declared at the Board meeting held on 9th March, 2016 as final Dividend for the financial year ended March 31, 2016.

2. Approved the re-appointment of Shri. Pawan D. Poddar as Joint Managing Director for a period of 5(five) years w.e.f. 1st August, 2016 and remuneration payable to him, subject to approval of the members.
 

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