Foseco India has informed that the board of directors of the company at its meeting held on January 20, 2012, inter alia, has recommended a final dividend for the year 2011 of Rs. 7 which is subject to the approval of shareholders in the AGM. Further the company has informed that the board has appointed pradeep mallick as chairman of the board, Mr. Christopher Nail as additional director. Board has approved the resignation of R A Savoor.
The above information is part of the company’s filing submitted to the BSE.
