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As required by the Listing Regulations, we furnish below the following particulars: We are pleased to advise you that at its meeting held today i.e. 29th Jan 2018, between 15:30 hrs and 17:55 hrs, the Board of Directors approved the unaudited financial results set out in compliance with the Indian Accounting Standards (Ind AS) for the quarter ended 31st December 2017. We enclose herewith the unaudited financial results for the quarter ended 31st Dec17 in the format prescribed under Reg. 33 of SEBI (LODR) Reg. 2015 together with the Limited Review Report thereon, issued by the Auditors viz., M/s Deloitte Haskins & Sells LLP. At its meeting held today, i.e., 29th Jan18, the Board of Directors decided to declare an interim dividend of Rs.6/- (Rupees six only) per fully paid up equity share of Rs.10 each, for the year April 2017-March 2018. On 11310712 equity shares, this will absorb an amount of Rs.6,78,64,272. This will be paid/ dispatched on 16th Feb 2018 to all the shareholders whose names appear in the Register of Members as of the Record Date. The Board of Directors fixed the Record Date as 9th Feb 2018 for this purpose. At its meeting held today, i.e., 29th Jan18, the Board of Directors decided to re-appoint Mr Arvind Balaji as Managing Director of the company for 5 years from 1st April 2018 and decided to take approval of the shareholders through Postal Ballot. Pursuant to Reg.30 of SEBI (LODR) Reg. 2015, we wish to inform you that Mr K Seshadri (DIN 00301839) who was a non executive, non independent director in the company, has resigned from directorship of the company with effect from 29th Jan 2018. Pursuant to Reg.30 of SEBI (LODR) Reg. 2015, we wish to inform you that Ms. Priyamvada Balaji (DIN 00730712) has been inducted at the meeting of Board of Directors held today, as a Non-Independent Non-Executive Director of the company, liable for retirement by rotation, in the casual vacancy caused by the resignation of Mr K Seshadri. (7) At its meeting held today, the Board of Directors decided to sub-divide the face value of the equity shares of the company which is currently Rs.10 (Rupees ten) each into equity shares of face value of Rs.5/- (Rupees five only) and make alteration to the capital clause V in the Memorandum of Association of the Company and alternation to Article 3 of the Articles of Association of the Company. The Board decided to take the approval of shareholders through postal ballot. This is for your information and record.
Pdf Link: Unaudited Financial Results For The Quarter Ended 31St Dec 17.
Source : BSE - www.bseindia.com
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