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Outcome of board of Tamboli Capital

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Capital Market
Last Updated : May 20 2015 | 2:30 PM IST

Held on 20 May 2015

Tamboli Capital announced that the Board of Directors of the Company at its meeting held on 20 May 2015, inter alia :

1. The Board of Directors of the Company have recommended payment of dividend @ Rs 0.60 per share i.e. 6% on 99,20,000 equity shares of the Company of face value Rs. 10/- each for F.Y. 2014-2015, subject to the approval of members in their Annual General Meeting of the Company to be held on 12 August 2015.

2. The Board has considered and approved appointment of Bharati B. Tamboli, Women Director as an Additional Director of the Company w.e.f. 20 May 2015, subject to consent.

3. The Board has considered and approved appointment of Pradeep H. Gohil, Independent Director as an Additional Director of the Company w.e.f. 20 May 2015, subject to consent.

4. The Board has considered and approved resignation of B.K. Shah Independent Director of the Company effective from close of this Board of Directors meeting dated 20 May 2015.

5. The Company has appointed Vipul H. Pathak, as Chief Financial Officer (CFO) of the Company effective from May 01, 2015.

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First Published: May 20 2015 | 1:10 PM IST

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