NCL Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2016, inter alia, has transacted the following:<BR><BR>1. The Board declared final dividend of 10% amounting to Rs. 1/- per Equity share (Face value of Rs. 10/- each) on a capital base of Rs. 3673.28 Lakhs for the Financial year 2015-16. With this, the total dividend declared for the Financial Year 2015-16 stands to 20% (Previous year Nil).<BR><BR>2. The Board approved the elevation of Mr. NGVSG Prasad, CFO as Executive Director w.e.f. May 30, 2016.<BR><BR>3. The Board approved the proposal to set up additional Ready-Mix Concrete Units at Hyderabad and Visakhapatnam.
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