Held on 26 May 2015
Cybertech Systems & Software announced that the Board of Directors of the Company at its meeting held on 26 May 2015, inter alia, has approved the following:1. The Board has recommended a dividend of Re 1/- (10%) per Equity shares of Rs. 10/- each, subject to the approval of shareholders in the ensuing Annual General Meeting.
2. The Board has approved the re-appointment of Ramasubramanian Sankaran as an Executive Director for a further period of three years with effect from 04 August 2015, subject to the confirmation by the members of the Company.
3. The Board has granted 2,00,000 Equity Shares @ Rs. 34.15 per Equity Share to Ramasubramanian Sankaran, Executive Director, under the ESOP Scheme of the Company.
4. The Board has approved the appointment of M/s Desai and Associates as Internal Auditor for FY 2015-16.
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