Board to Consider Final Dividend

• Security Code: 539331
• Company: VETO

Veto Switchgears and Cables Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 23, 2016, inter alia, to transact the following business:

1. To consider and approve minutes of the previous meetings of the board of directors of the unlisted subsidiary company Veto Electricals Private Limited.

2. To consider Investor grievance report and compliance of Listing Agreement for the Quarter/year ended March 31, 2016, complied by the Company.

3. To consider, approve and adopt Standalone and Consolidated Audited Financial Results of the Company for the Financial Year ended on March 31, 2016.

4. To consider recommendation of Final Dividend, if any, for the financial year March 31, 2016.

5. To consider appointment of Mr. Narain Das Gurnani as the Additional Director and Chief Financial Officer of the Company.

6. To re-appoint M/s. Rajesh & Co., Cost Accountants, Jaipur to conduct audit of Cost Accounts for financial year 2016-2017.

7. To reappoint Ms. Nisha Agarwal as the Secretarial Auditor of the company for the year 2015-16.

8. To review the progress and discuss the Financials for year ended March 31, 2016 of wholly owned Subsidiary Veto Overseas Private F.Z.E and Veto Electricals Private Limited.

9. To take on record Annual disclosures of interest received from the directors and/ or Key Managerial personnel under section 184(1) in Form MBP-1 and the declarations from director's u/s 164 of the Companies Act, 2013.

10. To take note of declaration by Independent Directors as per Section 149(7) of the Companies Act, 2013.

11. To consider the resignation of Mr. Dinesh Gurnani, Whole time Director cum chief Financial Officer.

12. The Company may also review other business activities.

Further, as per Code of Conduct for trading by Insiders, under SEBI (Prohibition of Insider Trading) Regulations, 2015, Trading Window for dealing in the shares of the Company will be closed from May 18, 2016 till May 25, 2016 (Both days inclusive) i.e. after forty eight hours from the declaration of audited financial results for the quarter and year ended March 31, 2016.