Orient Cement has confirmed that the Statutory Auditors have issued Audit Report with unmodified opinion on Audited Financial Results; Recommended final dividend of Rs 1 (100%) per equity share for FY23, subject to the approval of shareholders at ensuing AGM; Approved the Orient Cement Employee Stock Option Scheme-2023 pursuant to Sec 62 & other applicable provisions of Companies Act, 2013 & SEBI SBEB&SE Regulations 2021 subject to approval of shareholders at ensuing AGM; Granted in-principle approval for entering into Share Subscription cum Shareholders Agreement with Cleantech Solar India OA2 Pte & SPV, incorporated for putting up solar power plants for contributing in equity share capital of the SPV, amounting to Rs 9.50 cr approx. .
The above information is a part of company’s filings submitted to BSE.
