CyberTech Systems and Software has informed that the Board of Directors of the Company at its meeting held on May 26, 2015, has approved that the Board has recommended a dividend of Re 1 (10%) per Equity shares of Rs. 10 each, subject to the approval of shareholders in the ensuing Annual General Meeting, the Board has approved the re-appointment of Ramasubramanian Sankaran as an Executive Director for a further period of three years with effect from August 04, 2015, subject to the confirmation by the members of the Company, the Board has granted 2,00,000 Equity Shares @ Rs. 34.15 per Equity Share to Ramasubramanian Sankaran, Executive Director, under the ESOP Scheme of the Company and the Board has approved the appointment of Desai and Associates as Internal Auditor for FY 2015-16.
The above information is a part of company’s filings submitted to BSE.
