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Shanthi Gears informs about outcome of board meeting

27 Jan 2017 Evaluate

Shanthi Gears has informed that at the meeting held on January 27, 2017, the Board of Directors have approved the amendment of Articles of Association of the Company by replacing the existing Articles in entirely with new articles in alignment with the provisions of the Companies Act, 2013 subject to the approval of shareholders through postal ballot. The Board decided not to declare interim dividend.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
SamvardhanaMotherson 164.00
Tube Investments 2650.00
Bosch 48602.60
UNO Minda 1223.50
Bombay Burmah Trdg. 1436.50
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