Audited Financial Results For The Quarter Ended 31St March, 2017

• Security Code: 504741
• Company: INDIANHUME

This is to inform you that the Board of the Directors of the Company at their meeting held today, i.e. Thursday, 18th May, 2017, have: 1.Approved the Annual Accounts, Audited Annual Financial Results of the Company for the financial year ended 31st March, 2017. 2.Recommended the final dividend of Rs.2.40/- (120%) per equity shares of Rs.2/- each for the Financial year 2016-17 on enhanced Equity Share Capital post Bonus Issue, subject to the approval of the members at the ensuing Annual General Meeting (AGM). The Board had earlier declared and paid interim dividend of Rs.1/- per equity share of Rs.2/- each for the financial year 2016-17. 3.In terms of the provisions of the Companies Act, 2013 on rotation of Auditors, recommended to the members, the appointment of M/s Deloitte Haskins & Sells LLP, Chartered Accountants having ICAI Firm Registration No.117366W/W-100018, in place of M/s K. S. Aiyar & Co., Chartered Accounts, as Statutory Auditors of the Company to hold the office from the conclusion of the ensuing 91st AGM till conclusion of 96th AGM of the Company to be held in the year 2022, subject to the ratification by the Members every year. 4.Approved increase in the Authorised Share Capital of the Company from Rs.10 Crores to Rs.20 Crores and consequential amendments to the Memorandum of Association and Articles of Association of the Company, subject to the approval of the Shareholders at the ensuing AGM to be held on 10th July, 2017. The copy of Audited Financial Results of the Company for the financial year ended 31st March, 2017 along with the Statutory Auditor Report and Form A is enclosed. The Board of Directors have also convened the 91st AGM of the Company on Monday, 10th July, 2017 at 3.00 P.M. at Walchand Hirachand Hall, Indian Merchants Chamber Building, I.M.C. Marg, Churchgate, Mumbai - 400020.