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.