Panasonic Carbon India Company Ltd. announced that the Board of Directors of the company at its meeting held on May 10, 2017, has recommended Dividend of INR 10 per share to the shareholders of the company on the paid up Equity Share Capital for the financial year ended March 31, 2017.

The company also approved resignation of Mr. Chiaki Kidani, director of the company with effect from April 1, 2017. The board also recommended appointment of Mr. Kazuo Tadanobu, director of the company, subject to obtaining Director Identification Number from MCA.