KEI Industries Limited Recommends Dividend for the Year Ended March 31, 2017; Appoints Akshit Diviaj Gupta as Additional Director
May 10, 2017 at 08:04 am
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KEI Industries Limited announced that the board of directors at their meeting held on May 10, 2017 has recommended dividend of INR 0.60 per share (30%) on the equity shares of face value of INR 2 for the year ended March 31, 2017. The dividend, if approved by the shareholders at the upcoming AGM of the company shall be paid or dispatched on or before 30 days of its declaration.
The company also approved appointment of Mr. Akshit Diviaj Gupta as additional director of the company. Date of appointment is on May 10, 2017.
KEI Industries Limited is an India-based manufacturer of wires and cables. The Company's segments include Cables and Wires, Stainless Steel Wire, and Engineering, Procurement and Construction (EPC) Projects. Cables and Wires segment is engaged in the manufacturing, sale and marketing of all range of power cables, such as low tension (LT), high tension (HT) and extra high voltage (EHV), control and instrumentation cables, specialty cables, elastomeric/rubber cables, flexible and house wires, and winding wires. Stainless Steel Wire segment comprises manufacturing, sale and job work related to stainless steel wires. EPC Projects segment comprises of design, engineering, supply, erection, testing and commissioning of high voltage and extra high voltage underground cabling projects from 33 kV to 400 kilovolt (KV), substations (AIS & GIS) on turnkey basis up to 400 KV and conversion of overhead line to underground line for complete town including HT and LT distribution system, among others.
KEI INDUSTRIES LIMITED 
