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Exchange Disseminated Time | Kokuyo Camlin Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 20, 2014 has approved the following items:
1. Resignation received from Mr. Hirofumi Iwatsu as a Director.
2. Appointment of Mr. Yasushi lnoue as a Director in the casual vacancy in place of Mr. Hirofumi Iwatsu.
3. To exit from non core business of pre-school by divesting entire holding in its 100% Subsidiary M/s. Camlin AlphaKids Limited by way of sole of shares to Mr. Dilip Dandekar and his family members including his Associate companies, who hold 5.38% shares in Kokuyo Camlin Limited out of the total promoter & promoter group holding of 74.98%. |
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