|
| Exchange Received Time 30/05/2017 21:28:56 Exchange Disseminated Time 30/05/2017 21:29:01 Time Taken 00:00:05 | At meeting held today, Board has adopted Audited Financial Results for FY ended 31.03.2017, after review of same by Audit Committee. In accordance with Regn. 30 and Regn. 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,
-Board inter alia considered and approved statement of Profit and Loss Account of the Company for year ended 31.03.2017 and Balance Sheet as of that date.
-Board has approved buyback of up to 2,00,000 (Two Lacs Only) Equity Shares of Company of the face value of Rs. 10 each at a price of Rs. 250/- per Equity Share aggregating to Rs. 5,00,00,000/- (Rupees Five Crore only) through "Tender Offer" route on a proportionate basis from the shareholders as on record date (to be decided later),
-Board noted intention of Promoters of Company to participate in the proposed buyback;
-Board of Directors has not recommended any dividend for the financial year ended 31.03.2017
The Board Meeting was commenced at 4.00 p.m. and concluded at 7.55 p.m.
|
|
|