BANCO PRODUCTS (INDIA) LTD. - Board declares Interim Dividend

Banco Products (India) Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 29, 2016, inter alia, has decided / approved the following:<BR><BR>1. The Board declared Interim Dividend Rs. 0.60 per Equity Shares of Face Value of Rs. 2/- (Rupees Two only) each i.e., 30% for the Financial Year ending on March 31, 2016.<BR><BR>2. Shri Kiran Kumar Shetty has resigned as a Director of the Company w.e.f. January 16, 2016 and Board has accepted the same.