|
| Exchange Disseminated Time 28/10/2016 15:00:41 | Carborundum Universal Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 28, 2016 approved the following:
1. Appointment of Mr. M A M Arunachalam as an Additional Director (Promoter Director) of the Company with effect from October 28, 2016.
2. Amendment of Articles of Association of the Company by replacing the existing Articles in entirety with new articles in alignment with the provisions of the Companies Act, 2013 subject to the approval of the shareholders through postal ballot.
3. Approval of an Employee Stock Option Plan 2016 (ESOP 2016) for grant of employee stock options to eligible employees pursuant to the provisions of SEBI (Share Based Employee Benefits) Regulations, 2014 subject to the approval of the shareholders through postal ballot. |
|
|