The Board of Directors of the Company at its meeting held today, inter- alia, have re-appointed Mr. Palghat Krishnan Venkatramani (DIN: 05303022) as an Independent Director of the Company for a second term comprising of 5 (five) consecutive years with effect from 10th November, 2021. The above appointment is subject to approval of shareholders at the ensuing Annual General Meeting. The Board Meeting commenced at 12:30 P.M. and concluded at 3:40 P.M.
The Board of Directors of the Company at its meeting held today, inter- alia, have recommended a dividend of Rs. 6/- (Rupees Six only) per equity share of Rs. 10/- each (i.e. @60%), for the financial year 2020-21. The dividend, if approved at the ensuing Annual General Meeting shall be paid/dispatched to the members after 26th August, 2021. The Board Meeting commenced at 12:30 P.M and concluded at 3:40 P.M.
We deeply regret to inform the sad demise of Mr. Parasanta Chattopadyay, Non-Executive Director of the Company, on Monday, 26th April,2021. The Company became aware of his demise today i.e. 30th April,2021.