IOL Chemicals And Pharmaceuticals informs about outcome of board meeting

05 Feb 2022 Evaluate

Pursuant to Regulations 30 & 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, IOL Chemicals And Pharmaceuticals has informed that the Board of Directors in its meeting held on 4th February 2022 has considered and approved the following: Audited Financial Results for the Quarter and Nine Months ended 31st December 2021. Copy of the said financial results along with unmodified Auditors' Report thereon is enclosed, Declared an Interim Dividend of Rs 4 per Equity Share of Face Value Rs 10 each for the Financial Year 2021-222, Fixed 16th February 2022 as the Record Date to determine the names of the equity shareholders, who shall be entitled to receive the above said Interim Dividend. The payment of the Interim Dividend shall be made to the eligible shareholders before 5th March 2022, Re-appointed Rajender Mohan Malla (00136657) as an Independent Director of the Company, for a second term of 5 years from 6th February 2022 upto 5th February 2027 subject to the requisite approval of the members of the Company and Re-appointed Harpal Singh (06658043) as an Independent Director of the Company, for a second term of 5 years from 6th February 2022 upto 5th February 2027 subject to requisite approval of the members of the Company. The company confirmed and declared that Auditors Report issued by the Statutory Auditors on the financial results of the Company for the quarter and nine months ended 31st December 2021 is an Unmodified Report. The meeting of Board of Directors commenced at 4:00 pm and concluded at 6:18 pm. The above Audited Financial Results are also available on the website of the Company: www.iolcp.com.

The above information is a part of company’s filings submitted to BSE.

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