IndiaNivesh Ltd. announced that at that the Board of Directors of the company at its meeting held on May 30, 2014 decided to declare final dividend at the rate 10% that is (INR 0.10 per Share) for the financial year 2013-14 subject to approval by the members.

At the meeting the Board of Directors of the company also approved to appoint Mr. Rajesh Nuwal, who is currently designated as Managing Director of the Company, as Chief Financial Officer and shall be the key managerial personnel pursuant to sections 2(51), 203 read with Chapter XIII and relevant rule 8 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 and all other applicable provisions of the Companies Act, 2013.