Span Diagnostics Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 05, 2016, inter alia, has transacted the following:
- In view of operating loss during the year and considering future plans of the Company, directors do not recommend dividend for the year ended on March 31, 2016.
- Board approved appointment of Mr. Viral P. Desai as Managing Director of the Company with effect from July 01, 2016 for a period of three years.