India Nippon Electricals Limited at its board meeting held on January 29, 2018, declared an interim dividend of INR 6 per fully paid up equity share of INR 10 each for the year April 2017 to March 2018. This will be paid on Feb. 16, 2018 to the shareholders whose names appear in the register of members on Feb. 09, 2018.

The company also announced that Mr. K Seshadri resigned as Non-Executive, Non-Independent Director of the company with effect from January 29, 2018. The company announced that Ms. Priyamvada Balaji has been inducted at the meeting of board of directors held on January 29, 2018 as Non-Independent, Non-Executive Director of the company.