Shree Cement has informed that the Board of Directors of the Company at its meeting held on February 02, 2016, has declared Interim Dividend at the rate of Rs 12 per Equity Share of Rs 10 each for the financial year 2015-16. The Dividend will be paid from February 12, 2016; approved re-appointment of H. M. Bangur as Managing Director of the Company for 5 years with effect from April 01, 2016 subject to approval of the members in the ensuing Annual General Meeting; and approved re-designation of Prashant Bangur, Whole Time Director of the Company as Joint Managing Director with effect from February 02, 2016, subject to approval of members in the ensuing Annual General Meeting.
The above information is a part of company’s filings submitted to BSE.
