Cupid has informed that the Board of Directors of the Company at its meeting held on March 10, 2016, has considered and approved the circular resolution no. 1 of 2016 dated March 01, 2016 for appointment of Narendra Madhukar Joshi as Chief Financial Officer of the Company with effect from March 01, 2016; and the Board of Directors of the Company at its meeting held on March 10, 2016, has considered and declared an interim dividend at the rate of Rs 2 per equity share of Rs 10 each (i.e. 20%), for the financial year 2015-2016. Further, the payment of dividend shall be made on March 29, 2016.
The above information is a part of company’s filings submitted to BSE.