Final Dividend for the FY 2013-14:

Final Dividend for the FY 2013-14:

The Board of Directors at their meeting held on 08.05.2014 recommended a final dividend @ 50%, being an amount equivalent to Rs.5/- per share on the Equity Share of Rs.10/- each for the financial year 2013-14 for the consideration and approval of shareholders at the ensuing Annual General Meeting.

Appointment of Director:

The Board of Directors at their meeting held on 08.05.2014 approved the appointment of Mrs. Gauri Rasgotra as Additional Director of the Company in the category of Independent Director w.e.f: 08.05.2014

Resignation of Director:

1) The Board of Directors at their meeting held on 08.05.2014 accepted the resignation of Mr. Krishnagopal Maheshwari, who resigned from the services of Director of the Company w.e.f 5th May, 2014.

2) The Board of Directors at their meeting held on 08.05.2014 accepted the resignation of Mr. Shreegopal Daga, who resigned from the services of Director of the Company w.e.f 7th May, 2014.