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Board of Centrum Capital does not recommend dividend

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Capital Market
Last Updated : Aug 28 2014 | 10:00 PM IST

At meeting held on 28 August 2014

Centrum Capital announced that the Board of Directors of the Company at its meeting held on 28 August 2014, inter-alia, has considered and approved the following:

1. In order to conserve the available resources, the Board of Directors of the Company has not recommended any dividend on equity shares for the financial year ended 30 June 2014.

2. The financial year of the Company is changed from 1st July to 30th June to 1st April to 31st March of every year as per the provisions of Section 2(41) of the Companies Act, 2013. Accordingly the financial year 2014-15 shall be for a period of 9 months beginning from 01 July 2014 and ending on 31 March 2015.

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First Published: Aug 28 2014 | 8:59 PM IST

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