INDIA EXPO CENTRE DECLARES 10% DIVIDEND TO SHAREHOLDERS

 The 14^thAnnual General Body meeting of India Exposition Mart Limited was held at New Delhi on Monday, December 28, 2015

India Expo Centre and Mart popularly known as India Expo Mart is one of its kind SPV set up for providing state of art venue facilities for Exhibitions, Conferences, Trade Fairs and all kinds of Expositions. The facility also has permanent Showrooms also known as permanent Marts of Handicrafts and Cottage Sector Exporters.

The Centre was inaugurated in 2006 and has recently added 6 exhibition halls to the existing facility.

Mr. Rakesh Kumar Chairman IEML, while presenting the annual report, informed the share holders that the venue is now one of the largest exhibition and conference venue of the country.

The 58 Acre complex now boasts of 2.1 Million Square Feet of centrally Air-conditioned covered area. The venue also has 100% power back up and has state of art facilities at par with any international facility.

He stated that by virtue of it’s international standard facilities and services , IEML has become a the most preferred destination for global MICE events.  IEML has Championed the causes, concerns and growth of the event industry for last several years and shall continue doing so.

These initiatives have attracted large to very large events to the venue.

The Chairman assured that new initiatives shall be taken up to boost the growth and keep the momentum.

The meeting was concluded with a declaration of 10% dividend to share holders for financial year 2014 – 2015.

It was also mentioned that the credit rating of the company by SMERA has gone up to BBB (+) positive outlook.

The following were elected as Directors(including Independent Director) after e voting, which was introduced for the first time at the AGM.

1. a) IkramulHaq
2. b) BabulalDosi
3. c) VivekVikas
4. d) Satish Dhir
5. e) Raj Kumar Malhotra
6. f) Ravinder Kumar Passi
7. g) SudhirTyagi