Hawkins Cookers announced that the Board of Directors of the Company at its meeting held on 05 August 2020, inter alia, have recommended the interim dividend of Rs 80 per equity share (i.e.800%), subject to the approval of the shareholders.

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The Board of Hawkins Cooker at its meeting held on 05 August 2020 has appointed Subhadip Dutta Choudhury, who is currently the Vice-Chairmanand Managing Director designated as the Chief Executive Officer of the Company as the Chairman of the Board of Directors and Managing Director designated as the Chief Executive Officer, with effect from 06 August 2020, for the balance period of his existing contract ending on 30 September 2022.

The Board has appointed Sudeep Yadav, who is currently the Executive Director-Finance & Administration and Chief Financial Officer of the Company as the Vice-Chairman of the Board of Directors and the Chief Financial Officer, with effect from 06 August 2020, for the balance period of his existing contract ending on 30 September 2022.

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Hawkins Cooker has fixed 17 August 2020 as record date for payment of interim dividend of Rs 80 per share. The dividend will be paid on 03 September 2020.

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Net profit of Hawkins Cooker declined 52.85% to Rs 6.45 crore in the quarter ended June 2020 as against Rs 13.68 crore during the previous quarter ended June 2019. Sales declined 29.06% to Rs 100.80 crore in the quarter ended June 2020 as against Rs 142.10 crore during the previous quarter ended June 2019.

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