Satia Industries Limited announced that at its board meeting held on February 8, 2020, the board approved the appointment of Sh Vinod Kathuria as additional director (independent), retirement of Sh Ashok Kumar Khurana from the office of Vice President (Finance) CFO and KMP and appointment of Sh Inderjeet Monga, AGM (Account & Finance) as CFO and KMP.

The board also approved the interim dividend of INR 0.15 per share (that is 15%) (face value INR 1 per share) for the financial year ended 2019-20 and fixed the record date 22 February, 2020 for payment of interim dividend.