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Outcome of board meeting of Granules India

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Capital Market

Held on 31 October 2015

Granules India announced that the Board of Directors of the Company at its meeting held on 31 October 2015, inter alia, has:

1. Declared second interim dividend of 15 paise per share of face value of Re. 1/- each representing 15% of paid-tip capital for the financial year 201 5-16;

2. Approved the resignation of Harsha Chigurupati as an Executive Director. Harsha will continue as member of the Board as Non-Executive Director.

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First Published: Oct 31 2015 | 6:53 PM IST

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