1. Recommendation to shareholders of dividend of 60% (Re. 0.60/- per share of face value Re. 1/-) for 2015-16.

2. The Board of Directors accorded an in-principle approval to set up new float glass manufacturing capacity factory unit of world class high standard having know-how of modern technology with highly qualified and skilled manpower.

3. Resignation of Kenichi Ayukawa, Director w.e.f. 01 June 2016 and appointment of Toshiaki Hasuike as Director of the Company w.e.f. 01 June 2016.