Board recommends Dividend (AGM on July 24, 2018)

Wendt (India) Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 25, 2018, inter alia, have approved the following :

- Recommended a dividend of Rs.15/- per equity share of face value of Rs.10/- each (150%) subject to the approval of the shareholders in the Annual General Meeting, fixed by Board to be held on July 24, 2018. The dividend, if approved by the shareholders shall be paid on August 01 2018.

* The Company Law Board, Chennai Bench vide its interim order dated January 19, 2011 (please refer companys letter no. WIL/ACCTS/18487 dated 20th January 2011), directed the Company for seeking the permission of the Company Law Board (CLB), Chennai Bench for convening the Annual General Meeting of the Company. With the dissolution of CLB and NCLT coming in its place, the Company will seek permission from the NCLT for conducting the AGM. The date of the AGM shall be fixed based on the approval received from the NCLT.

Pdf Link: Board recommends Dividend (AGM on July 24, 2018)

Source : BSE - www.bseindia.com

Published on April 25, 2018

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