Symphony Limited Approves Final Dividend for the Financial Year 2017-18; Approves Committee Appointments
May 22, 2018 at 03:07 pm IST
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Symphony Limited announced that at the Board of Directors at its meeting held on May 22, 2018, approved recommendation of final dividend of INR 1.50 (75%) per equity share having face value of INR 2 each for the financial year 2017-18.
The company also approved the appointment of Mr. Dipak Palkar, Independent Director, as Chairman of Audit Committee, Nomination and Remuneration Committee; Mr. Naishadh Parikh, Independent Director, as Member of Audit Committee, Nomination and Remuneration Committee and Chairman of Risk Management Committee; Mr. Ashash Deshpande, Independent Director, as Member of Audit Committee, Nomination and Remuneration Committee; Ms. Jonaki Bakeri, Non-Executive Director, as Member of Audit Committee; Mr. Nrupesh Shah, Executive Director, as Member as Risk Management Committee; and Mr. Achal Bakeri, Managing Director, as Member of Risk Management Committee.
Symphony Limited is an India-based air-cooling company, which is in the field of residential, commercial, and industrial air cooling and other appliances both in the domestic and international markets. The Company operates through Air Cooling and Other Appliances Business segment. Air Cooler. Its products include Residential Cooler, Commercial Coolers, Large Space Venti-Cooling, Tower Fans, Personal Cooler, Desert Cooler, Tower Cooler, and Portable Cooler. The Household Coolers products include Windblast 70 XL Desert Air Cooler, Jumbo 45DB Desert Air Cooler, Jumbo 70 Desert Air Cooler, Siesta 45XL Desert Air Cooler, Winter I Desert Air Cooler with 56L Water Tank, Winter XL Desert Air Cooler, Sumo 40 XL Desert Air Cooler, Storm C 100i Desert Air Cooler, Storm 70i Desert Air Cooler, Storm 70 XL Desert Air Cooler. Its Tower Fans include Duet Mini Personal Table Cooling Fan, Duet-I Indiaâs 1st Kitchen Cooling Fan, Duet I-S Cooling Fan, Surround-I (White) Bladeless Tower Fan, and others.