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Lloyd Electric & Engineering board recommends dividend
Date: 09-08-2012Lloyd Electric & Engineering has informed that the board of directors of the company at its meeting held on August 08, 2012, have considered and approved the recommendation of dividend of Rs. 1 per equity share of Rs. 10 each (10% of the total paid up capital of the company) for the financial year 2011-2012 subject to the approval of the shareholders in ensuing annual general meeting of the company.
Further, the board appointed Bharat Raj Punj as an additional director of the company to be designated as executive director and Ramesh Kumar Vasudeva as an additional director to be designated as the non executive independent director of the company with effect from August 08, 2012 to hold office till the date of the ensuing annual general meeting of the company.
The above information is a part of company's filings submitted to BSE.