CASTROL INDIA LTD. - Board to consider Interim Dividend

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CASTROL INDIA LTD. - Board to consider Interim Dividend

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08 Aug 2017
Castrol India Ltd has informed BSE that a meeting of the Board of Directors of the Company is scheduled to be held on August 23, 2017, inter alia, to transact the following business:<BR><BR>1. To consider and approve the Un-Audited Financial Results of the Company for the second quarter and half year ended June 30, 2017; and<BR><BR>2. To consider declaration of interim dividend, if any.<BR><BR>Further, the trading window has been closed from June 21, 2017 and shall remain closed until 48 hours after the aforesaid Un-Audited Financial Results of the Company for the second quarter and half year ended June 30, 2017 are made public on August 23, 2017.<BR><BR>Further, pursuant to Rule 4 of the Companies (Indian Accounting Standards) Rules, 2015, the Company is required to comply with adoption of Indian Accounting Standards (IND AS) starting January 01, 2017 as the financial year of the Company is from 1 January to 31 December. Pursuant to SEBI Circular dated July 05, 2016, for the first two quarters of implementation of IND AS, relaxation by way of extension of 30 days over and above 45 days is granted to the companies for approval of unaudited financial results for such quarters. Accordingly, the Board of Directors will meet on August 23, 2017 to approve IND AS compliant unaudited financial results for the second quarter and half year ended June 30, 2017, being within the time limit granted by SEBI.
View all announcements for CASTROL INDIA LTD.	Source: BSE India

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