Omax Autos has informed that the Board of Directors of the Company at its meeting held on May 06, 2016, commenced at 4:00 p.m. and concluded at 7:30 p.m, has considered and approved the appointment of Jatender Kumar Mehta as the Chairman cum Managing Director (CMD) of the Company, and recommended a Final Dividend of Re 1 (10%) per equity shares of Rs 10 each for the financial year 2015-16, to the members, for their approval in ensuing Annual general meeting.
The above information is a part of company’s filings submitted to BSE.