Held on 23 July 2015
Manpasand Beverages announced that the Board of Directors of the Company at its meeting held on 23 July 2015, inter alia, has considered the following business:1. Recommended to pay Re. 1 on 50,054,000 equity shares of Rs. 10 each, aggregating out flow of dividend would be Rs. 500,540,000 plus distribution tax subject the approval of shareholders and also agreed to open Special Dividend Account with the Bank. Shares issued and allotted under recent IPO are also eligible for dividend.
2. The Board has taken note that Dhirendra Singh and Abhishek Singh shall be retire by rotation and are eligible for re-appointment.
3. The Board has recommended and approved the re-appointment of Statutory Auditor subject to the approval of Shareholders.
4. The Board has recommended and approved the payment of remuneration/ commission to the Non-Executive Director
5. The Board has considered the appointment of Scrutinizer for e-voting.
Powered by Capital Market - Live News
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app