Board declares Interim Dividend

| Updated on March 14, 2016 Published on March 14, 2016

Kirloskar Pneumatic Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 14, 2016, have approved the following :

1. Appointment of Dr. Ajay Dua as an Additional Director of the Company (considered as Independent Director as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015) as per Section 161 of the Companies Act, 2013 with immediate effect from March 14, 2016. He will hold office upto the next Annual General Meeting.

2. Declaration of Interim Dividend of Rs. 7/- (70%) per equity share of Rs. 10/- each for the Financial Year 2015-16 and shall be paid through National Electronic Clearing System (NECS) and vide dividend warrant, as the case may be. The payment thereof shall be made on or after March 29, 2016.

Source : BSE - >www.bseindia.com

Published on March 14, 2016
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