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| Exchange Disseminated Time 30/01/2017 15:57:26 | Shree Cement Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 30, 2017, inter alia:
1. Board declared "One-time Special Dividend” at the rate of Rs. 100/- per Equity Share of Rs. 10 each. The Dividend will be paid from February 09, 2016.
2. Board has approved the foreclosure of the existing term of Shri Prashant Bangur as Joint Managing Director (which is up to August 22, 2017) w.e.f. Close of Business Hours of March 31, 2017. He has been re-appointed as Joint Managing Director for a term of 5 years w.e.f. April 01, 2017 subject to the approval of the members in the ensuing Annual General Meeting of the Company. |
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