India Glycols Ltd., at the Board of Directors meeting held on May 1, 2018, recommended a dividend of INR 4 per equity share (@ 40%) of face value of INR 10 each for the financial year ended March 31, 2018 which, if confirmed/declared by the members at the upcoming Annual General Meeting (AGM), will be paid/dispatched within 30 days from the date of AGM.

The company approved the appointment of Sajeve Deora as an additional director (in the capacity of independent director) on the board of directors of the company with effect from May 1, 2018 for a period of five years, subject to approval of members of the upcoming AGM.