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Balkrishna Industries Ltd.

BSE: 502355 Sector: Auto
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Board declares Interim Dividend

September 10, 2016, 6:24 pm | Source: BSE

Balkrishna Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 10 2016 the Board inter-alia took the following decisions:

1. The Board accepted the resignation letter dated September 09 2016 received from Mr. Ramesh Kumar Poddar from the directorship of the Company with immediate effect.

2. The Board has declared an interim dividend of Rs. 1.50 per Equity Share (75%) on the Equity Shares of Rs. 2/- each (face value) for the financial year 2016-2017.

The meeting commenced at 3:45 p.m. and concluded at 6:00 p.m.