At meeting held on 02 August 2014
Shilpi Cable Technologies announced that the Board of Directors of the Company at its meeting held on 02 August 2014, inter alia, has considered the following:1. Recommended the final dividend of Rs. 1.00 per Equity Share for the financial year ended 31 March 2014, subject to the requisite approval of the shareholders.
2. Discussed and approved the Employee Stock Option Scheme, subject to the requisite approval of the shareholders and other competent authority.
3. Considered and approved the Bonus issue of equity shares to the existing shareholders in the ratio 1:1, subject to the requisite approval of the shareholders and other competent authority.
4. Approved the notice of the ensuing Annual General Meeting and the Directors Report on the Annual Accounts of the Company for the financial year ended March, 2014
5. Approved the notice of Postal Ballot to be conducted by the Company, inter-alia for alteration of object clause in the Memorandum of Association of the Company.
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