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India Cements informs about outcome of board meeting

24 May 2021 Evaluate
India Cements has informed that the Board of Directors of Company at the Meeting held today approved the audited annual accounts for the year ended 31.03.2021 and standalone and consolidated audited financial results for the quarter and year ended 31/03/2021. It enclosed Audited Financial Results (Standalone and Consolidated) for the quarter and year ended 31.03.2021 and Auditors Report thereon. The audited financial results in the prescribed format will be published in English and Tamil Dailies on or before 26.05.2021. In terms of Regulation 33(3)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company declared that the Statutory Auditors of the Company have issued Audit Reports with unmodified opinion for both Standalone and Consolidated financial results for the quarter and year ended 31.03.2021. The Board of Directors, at the aforesaid meeting, has recommended the following for the approval of the shareholders: Dividend of Re 1 per equity share of Rs 10 each for the year 2020-21; Reappointment of N.Srinivasan (DIN: 00115726) as Managing Director of the Company for a period of 5 years with effect from 26.05.2021, on the existing terms, as recommended by the Nomination and Remuneration Committee of the Board. The Meeting commenced at 9.30 am and concluded at 11:40 am.

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

India Cements Share Price

415.50 4.80 (1.17%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Ultratech Cement 11887.30
Ambuja Cement 458.95
ACC 1431.85
Shree Cement 25301.95
Dalmia Bharat 1972.55
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