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Delta Corp informs about outcome of board meeting

20 Jun 2023 Evaluate

In compliance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September, 2015, Delta Corp has informed that at the meeting of the Board of Directors of the Company held on Tuesday, 20th June, 2023 following decisions were taken: 1) Re-appointment of Ashish Kapadia (DIN: 02011632) as Managing Director of the Company, liable to retire by rotation, for a period of 5 years commencing from 27th April, 2024 and ending on 26th April, 2029 subject to approval of shareholders at the ensuing Annual General Meeting (AGM). Ashish Kapadia is not related to any Director of the Company. Further, in accordance with the Circular issued by BSE and National Stock Exchange of India dated June 20, 2018, it has confirmed that Kapadia is not debarred from holding the office of director by virtue of any order of the SEBI or any other such authority. Brief Profile of Kapadia is enclosed in Annexure I. 2) The record date Friday, 7th July, 2023 has been fixed for ascertaining entitlement for the payment of Final Dividend, if approved at the AGM. The Board of Directors at its meeting held on 11th April, 2023 had recommended a Final Dividend of ? 1.25 per share subject to approval of shareholders at the ensuing AGM. 3) Decided to hold 32nd Annual General Meeting of the Company on Friday, 4th August, 2023 through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The Board meeting commenced at 9.00 am and concluded at 9.30 am.

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

Delta Corp Share Price

61.54 0.67 (1.10%)
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