Held on 29 January 2015
MPS announced that the Board of Directors of the Company at its meeting held on 29 January 2015, inter alia, has considered and approved the following:1. Declaration of 2nd Interim Dividend of Rs. 10/- per share for the Financial Year 2014-15.
2. Issue of securities of the Company through Qualified Institutional Placement for an amount aggregating upto Rs. 150 crore.
3. Re-appointment of Nishith Arora as the Managing Director of the Company for a period of three years w.e.f. 19 April 2015 on existing terms and conditions including remuneration.
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