India: JK Cement recommends dividend

Byrebecca3360

Updated Mon, 19 May 2014 15:55:30 GMT

JK Cement Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 17, 2014, inter alia, has:1. Recommended a dividend of Rs. 3/- (Rupees three only) per equity share for the financial year ended on March 31, 2014, subject to the approval of members in ensuing Annual General Meeting.2. Appointed Mr. Paul Hugentobler as an Additional Director in the Board of the Company to hold office until the conclusion of the next Annual General Meeting of the Company.3. Taken note of the resignation of an Independent Director Shri J. P. Bajpai from the Board of the Company w.e.f. March 31, 2014 due to ill health.