Subros Limited Recommends Dividend for the Year Ended March 31, 2019
July 25, 2019 at 08:45 am
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Subros Limited announced that at its AGM to be held on August 9, 2019, final dividend of INR 1.30 per equity share as recommended by the Board of Directors for the year ended March 31, 2019. The Register of Members and the Share Transfer Books of the Company will remain closed from August 2, 2019 to August 9, 2019 (both days inclusive) for the purpose of payment of dividend for the financial year ended March 31, 2019.
Subros Limited is an India-based manufacturer of thermal products for automotive applications. The Company manufactures compressors, condensers, heat exchangers and all connecting elements required to complete air conditioning (AC) loop and caters to all segments, such as passenger vehicles, buses, trucks, refrigeration transport and railways. Its car AC and engine cooling parts products include blower, evaporator, cooling module, and hoses and tubes. Its railway AC products include roof mounted driver cab AC for diesel automotive, driver cab AC electric automotive and EMU cab AC. The Company's transport refrigeration system products include reefer SL 1400, reefer SL 3500, evaporator unit SL 3500, reefer SL 500 and compressor. It has a range of residential air conditioners, such as window AC and split AC system (inverter and fixed speed range) and supplies these products as original equipment manufacturer (OEM)/original design manufacturer (ODM) to various brands in the market.