Banco Products (India) Ltd. announced that the Board of Directors of the Company at its meeting held on January 29, 2016, declared Interim Dividend of INR 0.60 per Equity Shares of Face Value of INR 2 each i.e., 30% for the Financial Year ending on March 31, 2016.

The company announced that Kiran Kumar Shetty has resigned as a Director of the Company with effect from January 16, 2016 and Board has accepted the same.