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S Chand and Company informs about outcome of board meeting

30 May 2023 Evaluate
S Chand and Company has informed that Board of Directors at its meeting held on Tuesday, May 30, 2023 which commenced at 2:10 PM and concluded at 3.00 PM, transacted the following matters: Considered and approved the Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2023 and took note of the Audit Report on the audited Standalone and Consolidated financial results for the quarter and year ended March 31, 2023. The same are enclosed herewith. Copies of the abovementioned results are also being uploaded on the website of the Company at www.schandgroup.com. Also informed that the Audit Reports issued by Walker Chandiok & Co LLP (Finn Registration No. 001076N/N500013), Chartered Accountants, Statutory Auditors of the Company on the Audited Standalone & Consolidated Financial Results for the quarter and year ended March 31, 2023 are with Unmodified opinion; Recommended a final dividend of Rs. 3 per share to the equity shareholders of the Company for the financial year ended March 31, 2023; Approved the Corporate Guarantee in favour oflCICI Bank Limited against the credit facility upto an amount of Rs. 26.54 crores (Rupees Twenty Six Crores Fifty Four Lakhs Only) proposed to be raised by Vikas Publishing House (a wholly owned subsidiary of the Company). The detailed disclosure regarding this matter as per Schedule III of the Listing Regulations read with SEBI Circular CIR/CFD/CMD/4/2015 dated September 09, 2015 will be submitted after execution of necessary agreements with the ICICI Bank in relation to the same.

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

S Chand And Co Share Price

163.00 2.25 (1.40%)
21-Apr-2026 13:31 View Price Chart
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