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Outcome of board meeting of Emkay Global Financial Services

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Capital Market
Last Updated : May 24 2016 | 12:18 AM IST

Held on 23 May 2016

Emkay Global Financial Services announced that the Board of Directors of the Company at its meeting held on 23 May 2016, inter alia, has:

1. Not recommended any Dividend on Equity Shares for the year 2015-2016 and Interim Dividend of Rs. 1/- per share declared by the Company on 11 March 2016 be considered as Final Dividend for the financial year 2015-2016.

2. Re-appointment of and payment of remuneration of Krishna Kumar Karwa as Managing Director & CFO and Prakash Kacholia as Managing Director for a further period of three years w.e.f. 01 October 2016 subject to Members at the ensuing Annual General Meeting and subject to approval of the Central Government, if required.

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First Published: May 23 2016 | 8:07 PM IST

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