Board declares Interim Dividend

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

Shilchar Technologies Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 14, 2016, inter alia, has passed following resolutions/ decisions:

1. The Board declared interim dividend of Rs. 2.00 per share i.e. 20% to the shareholders.

2. The resignation tendered by Mr. J. H. Parabia as Director was taken on record and was accepted by the Board.

3. The Board made appointment of Mr. Zarksis J. Parabia as an Independent Director.

4. The Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Grievance Committee were reconstituted.

5. The Board made appointment of Ms. Mauli Bhatt as Company Secretary of the Company.

6. The Board made appointment of M/s. Kashyap Shah & Co., as Secretarial - Auditors for conducting Secretarial Audit for the FY 2015-16.

Source : BSE - >www.bseindia.com

Published on March 14, 2016
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