Outcome of board meeting of Carborundum Universal

Held on 29 January 2015

Carborundum Universal announced that the Board of Directors of the Company at its meeting held on 29 January 2015, inter alia, have approved the following :

1. Managing Director

K. Srinivasan has been reappointed as the Managing Director with effect from 01 February 2015 to 22 November 2017 by the Board of Directors subject to the approval of the shareholders of the Company. His current tenure expires on 31 January 2015.

2. Interim Dividend

The Directors have approved an interim dividend of 0.75 paise (Seventy five paise only) per equity share (on a face value of Re. 1/-).

 

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