Corporate Announcement
Security Code : 532782    Company : SUTLEJTEX    
 
Outcome of Board MeetingDownload PDF
  Exchange Disseminated Time     08/11/2016 13:51:49
Sutlej Textiles and Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 08, 2016, inter alia, has considered and decided / approved the following :

1. Resignation of Shri Sunil Sharma as a Chief Financial Officer (CFO)

2. Appointment of Shri Bipeen Valame as Chief Financial Officer (KMP)

3. Noting of Key Managerial Personnel (KMP)

4. As per directions received from the Pollution Control Board, Rajasthan, Dying Plant of Rajasthan Textile Mills, Bhawanimandi: a unit of Company, is stopped till further directions. The impact of the same will be negligible / "Not Material” as the required dyed fibre is being arranged from other units of the Company.

The meeting of Board of Directors of the Company commenced at 12.00 noon and concluded at 01.35 p.m. on November 08, 2016.
 

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