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| Exchange Received Time 30/01/2018 17:43:23 Exchange Disseminated Time 30/01/2018 17:43:25 Time Taken 00:00:02 | Sub: Intimation on the outcome of the Board Meeting held on 30th January 2018 and disclosure under Regulation 30 of SEBI Listing Regulations
Kindly refer our letter dated 2nd January, 2018, intimating you of the convening of the meeting of the Board of Directors to inter alia consider and approve the unaudited financial results for the quarter ended 31st December 2017 and payment of an interim dividend for the financial year ending 31st March 2018 on the outstanding equity shares of the Company.
In this regard, we wish to inform you that the Board of Directors at their meeting held today have approved the following:
1. Unaudited financial results:
Unaudited financial results (Standalone and Consolidated) for the quarter ended 31st December 2017. In this regard, we enclose a copy of the following as prescribed under Regulation 33 of the Listing Regulations:
- The detailed format of the unaudited financial results being submitted as per the listing regulations. The said results will be uploaded online on the stock exchange website. The financial results will also be published as per the format prescribed in the listing regulations;
- Limited review report from the statutory auditors, M/s. S.R. Batliboi & Associates LLP, Chartered Accountants; and
- Press release being given for publication.
2. Payment of Interim Dividend & Record Date:
Payment of an interim dividend on the equity shares of the Company at the rate of being Rs.4.50 per equity share of Rs.10/- each for the year ending 31st March 2018. Record date for the purpose of payment of interim dividend shall be 12th February 2018.
Contd….
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The interim dividend shall be paid to those shareholders whose names appear in the register of members as on the Record Date in respect of shares held in physical form and in case of shares held in dematerialised form, as per the details to be furnished by the depositories as on the Record Date. The interim dividend will be paid within 10 days from the Record Date (i.e. on or before 22nd February, 2018).
Schedule of Analysts / Investors call:
Pursuant to Regulation 30(2) of the Listing Regulations, details of the schedule of Analysts / Investors call in connection with the above financial results (Standalone and Consolidated) is enclosed as an annexure. Any subsequent changes in the schedule will be posted on the website of the Company, www.cholamandalam.com.
The meeting of the Board of Directors commenced at 2.45 p.m. and concluded at 5.15 p.m.
Kindly take the above information on record and acknowledge receipt.
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