Gujarat Hotels has informed that the Board of Directors of the Company at its meeting held on April 16, 2016, have recommended a dividend of Rs 3.50 per equity share of Rs 10 each for the financial year ended March 31, 2016, hence dividend will be paid/ dispatched on October 05, 2016. Further, the Company has informed that the Board has taken on record the resignation of Arun Pathak, non-executive director effective April 16, 2016. The Board has appointed Jagdish Singh as an additional non-executive director effective April 16, 2016. He is not related to any director of the Company.
The above information is a part of company’s filings submitted to BSE.
