WHEELS INDIA LTD. - Board declares Interim Dividend

Wheels India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 09, 2017, inter alia, has approved payment of interim dividend for the financial year ending March 31, 2017 at Rs. 5/- per share (50%) on 1,20,32,279 equity shares of Rs. 10/- each fully paid up. The Interim Dividend will be paid on or before March 10, 2017 to the shareholders / beneficial owners of the Company.<BR><BR>The Board of Directors appointed/designated Mr. R Raghunathan Vice president (Finance) as Chief Financial Officer and Mr. S Balasundharam Divisional Manager - Secretarial & Legal as Company Secretary and Compliance Officer with effect from April 11, 2017 due to the superannuation of Mr. S Srivathsan, CFO and Company Secretary and Compliance Officer on April 10,2017. The profile of the proposed appointees are attached herewith.