CHELLARAM Board of Directors Recommends Zero Dividend for 2014FY

Tuesday, June 30, 2015 10.32AM/NSE

PRESENT:

Asiwaju S.K Onafowokan, OON  -             Chairman

Chief S.M Chellaram  -                           Managing Director

Otunba R.A Adebayo, CON   -                  Director

Mr A.S Chellaram      -                           Executive Director/ C.E.O

Alhaji A.A Abdulkadir -                           Director

APOLOGY:

Mr K.N Bhambhani    -                            Director

IN ATTENDANCE:

Mrs Ezinwanne D. Nnoruka    -                 Company Secretary

Mr Tarun Jindal         -                           Finance Manager

Mr Benson Adejayan   -                          PKF Professional Services

Mr Abdullahi Yusuf     -                           PKF Professional Services

Miss Dayo Macaulay    -                          PKF Professional Services

DIVIDEND:

As a result of the loss recorded during the 2014/2015 financial year, the Board of Directors were unable to recommend the payment of dividend.

CLOSURE:

There being no other business, the meeting closed at 2.30pm.