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Outcome of Board Meeting

| Updated on January 31, 2018 Published on July 29, 2017

1. Approved the Unaudited Standalone Financial Results for the first quarter ended 30th June, 2017, pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015. (Copy of the Statement of said Unaudited Standalone Financial Results for the first quarter ended 30th June, 2017 is enclosed).

2. Copy of the Limited Review Report for the quarter ended 30th June, 2017 received from M/s. Jayantilal Thakkar & Co. – the Auditors of the Company is also enclosed, pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015.

3. The Board has declared interim dividend of Rs. 2.50 per Equity Share (125%) on the Equity Shares of Rs.2/- each (face value) for the financial year 2017-2018.

4. As a backward integration plan, the Board has approved the setting up of a Carbon Black project at its Bhuj Plant with an Initial annual capacity of 60000 MTs at an estimated capital outlay of Rs.150 Crores.

Pdf Link: Outcome of Board Meeting

Source : BSE - www.bseindia.com

Published on July 29, 2017
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