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KIFS Financial Serv - Board recommends Dividend

By Religare

KIFS Financial Services Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 24, 2013, inter alia, have approved the following:

1. Recommended the Dividend of Rs. 0.50 per Share i.e. (5%), subject to approval by the members at the Forthcoming Annual General Meeting scheduled to be held on August 02, 2013.

2. Resignation of Mr. Atul Parikh from the Directorship of the Company w.e.f. May 14, 2013.

3. Reconstitution of the Audit Committee.

Story first published: Friday, May 24, 2013, 23:42 [IST]
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