Jyothy Laboratories Ltd Recommends Final Dividend for the Year Ended March 31, 2016, Payable on or Before July 31, 2016; Announces Management Changes
May 23, 2016 at 04:12 am
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Jyothy Laboratories Ltd. announced that the Board of Directors of the company at its meeting held on May 23, 2016, recommended final dividend of INR 1 per equity share of INR 1 each for the financial year ended March 31, 2016, which if approved by the shareholders at the ensuing Annual General Meeting, will be paid/dispatched on or before July 31, 2016.
The company also approved appointment of Mr. M. P. Ramachandran as Chairman & Managing Director for a further period of 5 years with effect from August 22, 2016 to August 21, 2021. Approved Mr. S. Raghunandan has relinquished the Office of Whole Time Director and Chief Executive Officer of the company with effect from May 23, 2016. He is continuing as President of the company. The company also approved Rajnikant Sabnavis, Vice President - Sales & Marketing has been appointed as Chief Operating Officer of the company. Mr. M. L. Bansal has also relinquished the Office of Company Secretary & Compliance Officer of the company. And Mr. Shreyas Trivedi has been appointed as Company Secretary & Compliance Officer of the Company with effect from May 23, 2016.
Jyothy Labs Limited is a fast-moving consumer goods (FMCG) company. The Company is principally engaged in manufacturing and marketing of fabric care, dishwashing, personal care, and household insecticide products, and also provides laundry and dry-cleaning services. The Company's segments include Fabric Care, Dishwashing, Household Insecticides, Personal Care, and Others. The Fabric Care segment includes fabric whitener, fabric enhancer, detergent powder, detergent liquid and bar soap. The Dishwashing segment includes dish wash bar, gel, liquid, dish wash scrubber, dishwash steel scrubber and dishwash powder. The Household Insecticides segment includes mosquito repellent coils, liquids, and insect repellent sticks. The Personal Care segment includes body soap, Insecticides toothpaste, deodorants, talcum powder, after shave and hand wash. The Others segment includes laundry services, incense sticks, toilet cleaner and floor cleaner. Jyothy Kallol Bangladesh Limited is its subsidiary.
JYOTHY LABS LIMITED 
