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Shanthi Gears informs about outcome of board meeting

26 Dec 2018 Evaluate

Further to letter dated 17th December, 2018, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Shanthi Gears has informed that at the meeting held today (26th December, 2018), the Board of Directors of the company approved Special (Interim) Dividend for FY2018-19; and Buy-back of equity shares. Further, a copy of the press release being issued in this regard is also enclosed. The meeting of the Board of Directors commenced at 10.00 am and closed at 1.25 pm.

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

Peers
Company Name CMP
SamvardhanaMotherson 157.50
Tube Investments 2338.60
Bosch 45599.85
UNO Minda 1115.00
Bombay Burmah Trdg. 1334.15
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