Held on 27 April 2016
KPIT Technologies announced that the Board of Directors of the Company at its meeting held on 27 April 2016, inter alia, has approved the following:1. Recommended final dividend @ Rs. 1.10 per equity share of Rs. 2 each (55%), for the year 2015-2016, subject to the declaration of the same by the members at the annual general meeting scheduled on 24 August 2016. The dividend, if declared by the members at the annual general meeting, will be paid on or before 29 August 2016.
2. Noting of acceptance of the resignation of Dwayne Allen from the Directorship of the Company w. e. f. 25 March 2016.
3. Appointment of Sachin Tikekar as Whole Time Director of the Company for a period of 5 years w.e.f. 20 October 2016 subject to the approval of members at the ensuing Annual General Meeting.
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