Balkrishna Industries Ltd. Accepts the Resignation of Shri Subhash Chand B Mantri from the Board of Directors; Recommends Payment of Final Dividend for the Year Ended March 31, 2014
May 15, 2014 at 06:02 pm
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The Board of Directors of Balkrishna Industries Ltd. has accepted the resignation of Shri Subhash Chand B Mantri as the Director from the Board of Directors of the company on account of pre-occupation conveyed vide letter dated 13th May, 2014 received on 14th May, 2014.
The Board has recommended payment of final dividend of INR 2 per equity share (100%) on the equity shares of INR 2 each (face value) for the year ended 31st March, 2014, subject to the approval of the shareholders of the company.
Balkrishna Industries Limited is an India-based company that is engaged in the business of manufacturing and selling of off-highway tires (OHT) in the specialist segments, such as agricultural, industrial and construction, earthmovers and port, mining, forestry, lawn and garden and all-terrain vehicles (ATV). The Companyâs agricultural applications include tractor, harvester, implements, telehandler, agro truck, go-kart, golf kart, mower, fertilizer truck, compact loader, backhoe loader, mobile home, and universal vehicle. Its industrial applications include compactor, container handler, reach stacker, excavator, forklift, skid steer, grader, straddle carrier, RTG crane, mobile crane, terminal tractor, tow tractor, light truck, road rail equipment, trailer, and military truck. Its off the road applications include articulated dump truck, rigid dump truck, load haul dump, low profile dump truck, underground mining vehicle, and scraper.
Balkrishna Industries Ltd. Accepts the Resignation of Shri Subhash Chand B Mantri from the Board of Directors; Recommends Payment of Final Dividend for the Year Ended March 31, 2014