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| Exchange Received Time 17/08/2017 19:14:13 Exchange Disseminated Time 17/08/2017 19:14:19 Time Taken 00:00:06 | At the 17th AGM held on 12-08-2017, the Members have:
i) adopted the Stand-alone & Consolidated Financial Results of the Company for year ended 31-03-2017.
ii) declared a final dividend of Rs.5/- (in addition to the interim dividend of Rs.5/- already paid)for FY 2016-17.
iii) appointed Dr. Indumati Gopinathan as non-executive, non-independent Director in the place of Mr. Sohil Chand, the retiring director who had expressed his intention not to seek reappointment.
iv) ratified the reappointment of BSR & Co. LLP as auditors from the conclusion of the 17th AGM till the conclusion of the 18th AGM.
v) reappointed Dr.A. Velumani as MD & CEO for 3 years from 01-04-2017.
vi) reappointed Mr. A. Sundararaju as ED & CFO for 3 years from 01-04-2017.
vii) approved payment of remuneration to Mr. S. Thangavelu, Cost Auditor for the year 2016-17.
vii) approved granting of Stock Options equivalent to 50,529 equity shares to the eligible employees of the Company for the year 2016-17.
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