Suditi Industries Ltd. - Outcome Of Board Meeting Dt.30.05.2019 Pursuant To Regulation 30 Of SEBI (LODR) Regulations 2015.

We are pleased to inform you that the Board on 30th May 2019 has approved and adopted the Audited Standalone/Consolidated Financial Results for the 4th Quarter/Year ended 31st March, 2019 and the same is enclosed herewith along with Auditors Report (unmodified).

Further since the promoter have in writing waived their entitlement on the profit distribution in the form of dividend if any declared by the company for the year 2018-19, the Board of Directors has recommended a dividend of Rs.0.20 per share to the public shareholders exclusively on their portion of the share capital held as on the record date, subject to the approval of Shareholders in the AGM.

the Board of Directors has also considered and approved the allotment and issue of Equity Shares against the exercise of 9600 stock options by the Employees under Suditi Employees Stock Option Plan, 2011 based on the recommendation of the compensation committee. The meeting timings are commencement 5.00 P.M and conclusion 6.00 P.M

Pdf Link: Suditi Industries Ltd. - Outcome Of Board Meeting Dt.30.05.2019 Pursuant To Regulation 30 Of SEBI (LODR) Regulations 2015.

Source : BSE - www.bseindia.com

Published on May 30, 2019

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