|
| Exchange Received Time 22/05/2018 18:56:10 Exchange Disseminated Time 22/05/2018 18:56:13 Time Taken 00:00:03 | Considered a approved the Audited Financial Results/Audited Financial Statements of the Company for year ended on 31st March, 2018.
Recommended a dividend @25% i.e. Re. 0.25/- per Equity Shares face value of Re. 1/- each of the Company for the year ended 31st March, 2018, subject to the approval of the shareholders in the ensuing Annual General Meeting.
On the recommendation Nomination & Remuneration Committee, has approved the re-appointment of Mr. Pundarik Sanyal (DIN:- 01773295) as a Non-Executive, Independent Director of the Company w.e.f 15th July, 2018 for a period of Three years, subject to approval of the members at the ensuing Annual General Meeting of the Company.
On the recommendation Nomination & Remuneration Committee & in terms of the resolution passed through Postal Ballot dated 19th January, 2018, has approved a payment of Commission up to 5% of the net profits of the Company to one of the Key Managerial Personnel (KMP) Viz. Mr. Manan Shah-President of the Company
|
|
|