ZEN TECHNOLOGIES LTD. - Board recommends Dividend

ZEN Technologies Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 24, 2014, inter alia, has considered the following:<br/><br/>1. Recommended a dividend of Rs 1.00 per share (10%) on equity shares of face value of Rs. 10/- each for the financial year 2013-14, subject to the approval of the Members at the ensuing Annual General Meeting.<br/><br/>2. Approved the Whistle Blower Policy of the Company.<br/><br/>3. Approved change in the name of Remuneration Committee to "Nomination and Remuneration Committee" and reconstituted the Committee with Mr. Ashok Atluri as the Member of the Committee.<br/><br/>4. Approved change in the name of Share Transfer and Investors' Grievance Redressal Committee to "Stakeholders Relationship Committee".<br/><br/>5. Constituted Corporate Social Responsibility (CSR) Committee with the following Directors:<br/><br/>Mr. G. Prasad, Independent Director<br/>Mr. Ashok Atluri, Chairman and Managing Director<br/>Mr. M. Ravi Kumar, Whole-time Director