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Sunshield Chemicals informs about outcome of board meeting

16 May 2024 Evaluate
Sunshield Chemicals has informed that the Board of Directors of the Company at its meeting held today on 16th May 2024, approved the following: Audited Financial Results for the quarter and year ended 31st March 2024. Audited financial results for the quarter and year ended 31st March 2024 and Auditors Report issued by CNK & Associates LLP, Statutory Auditor of the Company are enclosed. The aforesaid Auditor’s Report for the period ended 31st March 2024, is with unmodified opinion; Recommended payment of final dividend @ Rs. 1.2 per equity share of the face value of Rs.10/- each for the financial year ended 31st March 2024, subject to approval of shareholders at the ensuing 37th Annual General Meeting (AGM); Based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors have approved the reappointment of Jeet Malhotra (DIN:07208234) as Managing Director and Chief Executive Officer for a term of five (5) years effective from 1st January 2025, subject to the approval of the Shareholders or any other regulatory authority. The present term of Jeet Malhotra as the Managing Director and Chief Executive Officer was due to end on 31st December 2024. Further, Jeet Malhotra is not debarred from holding the office of Director by virtue of any order passed by Securities and Exchange Board of India (SEBI) or any other such authority. The details in respect of the above re-appointments of Directors, as required under SEBI Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July 2023 are enclosed as Annexure A.

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

Sunshield Chemicals Share Price

1203.45 11.80 (0.99%)
10-Jul-2026 16:59 View Price Chart
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