Net loss of Kaycee Industries reported to Rs 0.09 crore in the quarter ended June 2017 as against net profit of Rs 0.08 crore during the previous quarter ended June 2016. Sales declined 4.74% to Rs 5.22 crore in the quarter ended June 2017 as against Rs 5.48 crore during the previous quarter ended June 2016.

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Kaycee Industries will hold a meeting of the Board of Directors of the Company on 14 August 2017.

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Kaycee Industries announced that the Board of Directors of the Company at its meeting held on 30 May 2017, inter alia, have recommended the final dividend of Rs 5 per equity Share (i.e. 5%) , subject to the approval of the shareholders.

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Kaycee Industries announced that the Board of Directors at its meeting held on 05 May 2017 has considered and approved the demerger of its specified undertaking comprising of property leasing business along with all related operations, employees, assets, liabilities, etc. into RDJ Constructions (wholly owned subsidiary of Company) under a Scheme of Arrangement under section 230 to 232 read with section 66 and section 52 of the Companies Act, 2013.

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