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| Exchange Received Time 30/05/2017 22:30:45 Exchange Disseminated Time 30/05/2017 22:30:50 Time Taken 00:00:05 | The Board has considered and approved:
1. The Standalone and Consolidated Audited Financial Results for the Quarter and F.Y. ended 31st March, 2017
2. The Standalone and Consolidated Audited Accounts of the Company for F.Y. ended 31st March, 2017
3.Recommended Final Dividend of 5% i.e. Re. 0.10 per Equity Share of F.V. of Rs. 2 each for F.Y. 2016-17, subject to approval of Members.
4. Resignation of Mr. Vidyadhar D. Khadilkar, Independent Director w.e.f. 31st May, 2017 & reconstitution of relevant Committees
5. Resignation of Mr. Rushabh P. Satra, Chief Financial Officer & Key Managerial Personnel and Whole-Time Director w.e.f. 31st May, 2017. However, he will continue to act as a Non- Executive Director
6. Appointment of Mr. Sharad G. Kathawate, as Chief Financial Officer and Key Managerial Personnel w.e.f 31st May, 2017
7. Agreed to provide guarantee to LIC Housing Finance Limited w.r.t. loan to be availed by its subsidiary Company namely Satra Buildcon Private Limited
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