Board of JHS Svendgaard Laboratories does not recommend dividend

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Capital Market
Last Updated : Jul 15 2015 | 12:06 AM IST

At meeting held on 14 July 2015

JHS Svendgaard Laboratories announced that the Board of Directors of the Company at its meeting held on 14 July 2015, inter alia, has passed the following resolutions:

1. The Board has not recommended any dividend for the financial year 2014-15.

2. The Board has deferred the issue of fully convertible warrants on preferential basis till the next meeting of the Board of Directors.

3. The Board has further approved the appointment of Mukul Pathak as an Independent Director subject to the approval of shareholders in the general meeting.

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First Published: Jul 14 2015 | 7:21 PM IST

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