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Board of Zenith Capitals does not declare dividend for FY 2014-15

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Capital Market
Last Updated : Sep 07 2015 | 11:13 AM IST

At meeting held on 05 September 2015

Zenith Capitals announced that the Board of Directors of the Company at its meeting held on 05 September 2015, inter alia, have accorded their consent to the following:

1. Pursuant to Section 123 of Companies Act 2013, the Company has decided that the Company will not declare its dividend for the Financial Year 2014-15.

2. To appoint Neena Deshpande & Co. as a Scrutinizer for conducting the process of E-voting;

3. Approval of Secretarial Audit Report received from Practicing Company Secretaries in Form MR-3 in accordance with Section 204 of the Companies Act, 2013 and the same will be annexed to the Directors Report.

4. To take note of the fact that Veena Rao has vacated her office as a Director of the Company with immediate effect by virtue of the provisions of Section 168 of the Companies Act, 2013.

5. Consider reappointment of M/s. RSVA & Co., Chartered Accountants, as the Statutory auditor of the company for the financial year 2015-16 pursuant to provisions of the companies Act 2013.

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First Published: Sep 07 2015 | 9:45 AM IST

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