Shreyans Industries Limited announced that the Board of Directors of the Company at its meeting held on May 24, 2016, approved the acceptance of resignation of Dr. Shalini Gupta, Independent Director with effect from May 24, 2016 and approved the appointment of Dr. Pratibha Goyal as an Additional Director (Independent) with effect from May 24, 2016.

The Board also recommended dividend of INR 1.20 per share (i.e. 12%) (face value INR 10 per share) for the financial year ended March 31, 2016, subject to the approval of shareholders at forthcoming 36th Annual General Meeting scheduled to be held on August 10, 2016. The dividend, if declared, shall be paid on or after August 16, 2016.