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Banco Products (India) Ltd. has announced a board meeting where the standalone and consolidated financial results for the quarter and nine months ended 31st December 2024 were approved, alongside an interim dividend of ₹11 (550%) per equity share, with a record date set for 14th February 2025. Additionally, the board approved the appointments of Mr. Pranav Patel and Mr. Anand Majmudar as Independent Directors for five-year terms, and the re-appointment of Mrs. Ameeta V. Manohar, subject to shareholder approval via postal ballot. The company will also acquire the business of Padra Coating Works LLP for ₹25.25 lakh, enhancing control over product quality. This strategic move indicates a positive outlook, strengthening operational oversight and shareholder value.