HIL LTD. - Board declares Interim Dividend
| < Back | |
| 16 Sep 2014 | |
| HIL Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 16, 2014, inter alia, has approved the following:<br/><br/>1. Interim Dividend:<br/><br/>The Board of Directors of the Company declared an Interim Dividend @ Rs. 10/- per share (100% on the equity shares of the face value of Rs. 10/- each) for the financial year 2014-15.<br/><br/>The interim dividend will be paid / warrants will be dispatched by September 27, 2014.<br/><br/>2. Resignation of Managing Director:<br/><br/>Mr. Abhaya Shankar, Managing Director of the Company has on September 16, 2014 tendered his resignation as Managing Director and Director of the Company to the Board during the Board Meeting. The Board has accepted the same and Mr. Abhaya Shankar would be relieved on September 22, 2014.<br/><br/>The Board placed on record its appreciations for the hard work and dedication of Mr. Abhaya Shankar as a Managing Director since February, 2008. Till the new Managing Director is appointed the Management Committee comprising of senior managers will run the day to day operations of the Company. | |
| View all announcements for HIL LTD. | Source: BSE India |
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback