Thermax Ltd - 500411 - Outcome of Board Meeting
Dear Sir, 1. The Board of Directors at their meeting held today i.e. May 22, 2019 has approved the audited financial results of the Company for the quarter and year ended March 31, 2019. In terms of Regulation 30 and 33(3) of SEBI (LODR) Regulations, 2015, we are enclosing following documents for your records- I. Audited Financial Results Standalone & Consolidated. II. Audit Reports issued by the Statutory Auditors on Standalone & Consolidated Financial Results. III. Declaration relating to the Unmodified Opinion by the Statutory Auditors on the aforementioned Financial Results. 2. The Board of Directors have recommend a dividend of Rs. 7/- (350%) per equity share of Rs. 2/- each, for the financial year 2018-19, subject to approval of shareholders at the ensuing 38th Annual General Meeting. The dividend if approved will be paid to those members whose names appear in the Register of Members on July 27, 2019. 3. We are also enclosing the Press Release giving inter alia, highlights of the financial results and outcome of Board Meeting. 4. Mr. Amitabha Mukhopadhyay, Group Chief Financial Officer and Key Managerial Person has resigned from the Company and his resignation was accepted w.e.f May 31, 2019. 5. Mr. Rajendran Arunachalam has been appointed as the Group Chief Financial Officer and Key Managerial Person of the Company (brief profile is enclosed) w.e.f June 1, 2019. You are requested to kindly take the same on your record.22-05-2019