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Please be informed that the Board of Directors of the Company at their meeting held today i.e. May 31, 2021 inter-alia has:
1. Considered and approved the Audited Financial Results (Consolidated and Standalone) of the Company for the quarter and year ended on March 31, 2021.
2. Recommended final dividend of Rs.0.50 (fifty paisa) per equity shares of Rs.1 each subject to the approval of the members of the Company.
3. Pursuant to the recommendation of Nomination & Remuneration Committee, re-appointed Mr. P. S. Jauhar (DIN: 00744518) as Managing Director and CEO for further term of 3 years from August 01,2021 to July 31,2024 subject to approval of members of the Company.
4.Pursuant to the recommendation of Nomination & Remuneration Committee, appointed Mr. Gautam Mukherjee (DIN: 02590120) as an Independent Director for an initial term of 5 years with effect from May 31, 2021 subject to approval of members of the Company.
5. Considered and approved amendment to the Corporate Social Responsibility policy of the Company.
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