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Outcome of board meeting of Kesar Petroproducts

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Capital Market
Last Updated : May 24 2016 | 9:01 PM IST

Held on 24 May 2016

Kesar Petroproducts announced that the Board of Directors of the Company at its meeting held on 24 May 2016, inter alia, has considered the following matters:

1. Appointed P. M. Nair as Company Secretary and Compliance Officer of the Company w.e.f. 24 May 2016, pursuant to the provisions of Section 203 of the Companies Act, 2013 read with Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 and Regulation 6 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

2. Decided not to recommend payment of dividend for the financial year ended 31 March 2016 to consolidate the financial position of the Company.

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First Published: May 24 2016 | 8:44 PM IST

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