India Nippon Electricals board to consider interim dividend & sub-division of equity shares

10 Jan 2018 Evaluate

India Nippon Electricals has informed that a meeting of the Board of Directors of the Company will be held on January 29, 2018 to consider the Unaudited Financial Results of the Company for the quarter ended December 31, 2017; Payment of an interim dividend for the year ending March 31, 2018. The rate, quantum, date of payment of interim dividend and the Record Date, if declared, will be intimated to you soon after the meeting; and the proposal of sub-division of equity shares of the company. This proposal will be subject to the approval of the shareholders. The trading window for dealing in the Company’s scrips by the directors, officers and designated employees of the Company, is closed from January 09, 2018 to January 31, 2018, in terms of the Company’s Code of Conduct to regulate, monitor and report trading by insiders, read with SEBI (Prohibition of Insider Trading) Regulations, 2015.

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

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