Held on 05 July 2016
Nitin Alloys Global announced that the Board of Directors of the Company at its meeting held on 05 July 2016, have considered the following :1. Board of Directors has decided to re-appoint Director in place of Nitin S. Kedia retiring by rotation in the ensuing Annual General Meeting.
2. Considered and approved the Boards Report of the Company by the Board of Directors.
3. Final Dividend recommended on Equity Shares for the year ended 31 March 2016 @ Rs.0.75/- per equity share of Rs.10/- each.
4. Board of Directors has decided that to enhance the existing Borrowing Limit of the Company by 50 Crore under section 180(1)(c) of the Companies Act, 2013 and approval to be taken of the shareholders of the Company at Annual General Meeting.
5. To place statutory registers & returns at the corporate office of the Company.
6. Board of Directors has fixed to conduct Annual General Meeting of the Company on 08 August 2016 at 11.30 a.m. at Hotel Archana Residency, Next to R-Mall/Big Bazar, L.B.S. Marg, Mulund (West), Mumbai - 400 080.
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