EXCEL INDUSTRIES LTD. - 500650 - Outcome of Board Meeting
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that at the meeting of the Board of Directors of the Company held today, the Board has approved audited financial results (Standalone and Consolidated) of the Company for the quarter and year ended 31st March, 2019 which were earlier reviewed by the Audit Committee of the Company at its meeting held today. Pursuant to Regulation 33(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith the following: (i) Audited (Standalone and Consolidated) Financial Results for the quarter and year ended 31st March, 2019. (ii) Segment-wise information and Statement of Assets and Liabilities. (iii) Auditors' Report on the audited financial results (Standalone and Consolidated) for the year ended 31st March, 2019 In compliance with the provisions of the Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board declares that the above Auditors' Report is with unmodified opinion with respect to Financial Results (Standalone & Consolidated) of the Company for the year ended 31st March, 2019. Further, the Board has recommended a dividend of Rs. 18.75 (375%) per equity share of the face value of Rs. 5/- each for the financial year ended 31st March, 2019, subject to approval of the shareholders at the ensuing Annual General Meeting (AGM) of the Company. The dividend will be dispatched / paid within 30 days of its declaration by the shareholders at the AGM. The date of AGM will be informed in...24-05-2019