Gufic Biosciences Ltd. announced that at the board of directors meeting held on August 27, 2014 the board has approved a dividend of INR 0.05 per share on equity share of INR 1 each as a final dividend for the financial year 2013-14.

The company approved the resignation of Mr. Khantilal Sanghavi from the Directorship of the company and approved appointment of Mr. Shreyas K. Patel as an additional director (non-executive independent director) of the company.