Balkrishna Industries Ltd. Announces Resignation of Ramesh Kumar Poddar from the Directorship of the Company; Declares Interim Dividend for the Year 2016
September 10, 2016 at 08:54 am EDT
Share
Balkrishna Industries Ltd. announced hat the Board of Directors of the Company at its meeting held on September 10, 2016, accepted the resignation letter dated September 09, 2016 received from Mr. Ramesh Kumar Poddar from the directorship of the Company with immediate effect.
The Board of company has declared an interim dividend of INR 1.50 per Equity Share (75%) on the Equity Shares of INR 2 each (face value) for the financial year 2016-2017.
Balkrishna Industries Limited is an India-based company that is engaged in the business of manufacturing and selling of off-highway tires (OHT) in the specialist segments, such as agricultural, industrial and construction, earthmovers and port, mining, forestry, lawn and garden and all-terrain vehicles (ATV). The Companyâs agricultural applications include tractor, harvester, implements, telehandler, agro truck, go-kart, golf kart, mower, fertilizer truck, compact loader, backhoe loader, mobile home, and universal vehicle. Its industrial applications include compactor, container handler, reach stacker, excavator, forklift, skid steer, grader, straddle carrier, RTG crane, mobile crane, terminal tractor, tow tractor, light truck, road rail equipment, trailer, and military truck. Its off the road applications include articulated dump truck, rigid dump truck, load haul dump, low profile dump truck, underground mining vehicle, and scraper.
Balkrishna Industries Ltd. Announces Resignation of Ramesh Kumar Poddar from the Directorship of the Company; Declares Interim Dividend for the Year 2016