Of Re 0.20 per share
Taj Gvk Hotels & Resorts announced that the Board of Directors of the Company at its meeting held on 12 May 2014, inter alia, has considered and approved the following business:The Board has recommended a dividend of Re 0.20 per share of face of Rs 2 each for the financial year 2013-14 subject to the approval of the shareholders in the ensuing Annual General Meeting (AGM).
The Board accepted the resignation of Dr G V Krishna Reddy as Executive Chairman of the Company and appointed Dr G V Krishna Reddy as Non-Executive Chairman of the Company.
The Board also re-appointed Shalini Bhupal as Executive Director of the Company for a period of 5 years with effect from 17 June 2014.
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