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AGI Infra informs about outcome of board meeting

19 Mar 2020 Evaluate

In continuation to the letter dated 11th March, 2020 pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, AGI Infra has informed that Board of Directors of the Company in its meeting held today, 19th March, 2020 at the registered office of the Company has, declared Interim dividend of Re 0.50 (5%) per equity share on the face value of Rs 10 per equity share for the Financial Year 2019-2020, approved the re-appointment of Sukhdev Singh as Managing Director of the Company for a term of 5 years with effect from 01.04.2020 on the recommendation of Nomination and Remuneration Committee and subject to the approval of shareholders of the Company, approved the re-appointment of  Salwinderjit Kaur as Whole Time Director of the Company for a term of 5 years with effect from 01.04.2020 on the recommendation of Nomination and Remuneration Committee and subject to the approval of shareholders of the Company, approved related parties transactions. The above mentioned Interim Dividend shall be paid/ dispatched on or after 31st March, 2020 to those members whose name will appear in the Register of Members of the Company as on record date 27th March, 2020, already announced for the purpose through its letter dated 12th March, 2020. The necessary disclosure in terms of Para A of Part A of Schedule III of Regulation 30 of SEBI (Listing Obligations and Disclosure) Regulations, 2015 is enclosed as Annexure-I. The meeting of the Board of Directors commenced at 11.30 am and concluded at 1:30 pm.

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

AGI Infra Share Price

374.60 15.70 (4.37%)
17-Apr-2026 16:59 View Price Chart
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