Bhagwati Autocast Ltd. announced that the board of directors of the company at its meeting held on May 23, 2014, has recommended dividend of INR 0.90 per equity shares of INR 10 each (9%) for 2013-14.

At the meeting Board has appointed Mr. Dinesh K. Sheth as a Chief Financial Officer of the company. Board has also appointed Mr. Nimish C. Sakhiya as a Company Secretary and Compliance Officer of the company.