Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), Orient Electric has informed that the Board of Directors of the Company at their meeting held today, January 20, 2022, considered and approved: The Un-Audited Financial Results of the Company for the quarter and nine months ended December 31, 2021. These Financial Results were subjected to Limited Review by the Statutory Auditors of the Company. Copy of the Un-Audited Financial Results pursuant to Regulation 33 of the Listing Regulations for the quarter and nine months ended December 31, 2021 alongwith Limited Review Report of the Statutory Auditors thereon is enclosed. The payment of Interim Dividend of Rs 0.75 (75%) per equity share of face value of Rs 1 each for the financial year 2021-22 and have fixed Wednesday, February 02, 2022 as the 'Record Date' for determining the shareholders who will be entitled to the said Dividend. The Interim Dividend will be paid to the entitled shareholders within 30 days from the date of declaration and the re-appointment of Rakesh Khanna, as the Managing Director of the Company, on the recommendation of the Nomination and Remuneration Committee, for a period of two years effective from January 23, 2022, subject to consent of the shareholders of the Company to be sought through postal ballot process. The Board of Directors’ meeting commenced at 12:25 pm and concluded at 01: 30 pm.
The above information is a part of company’s filings submitted to BSE.
