|
| Exchange Disseminated Time | GKB Ophthalmics Ltd has informed BSE that:
1. Mr. K. G. Gupta, was appointed as Managing Director for period of three years from April 01, 2012 to March 31, 2015, at the Annual General Meeting of the Company held on August 13, 2012.
The Nomination and Remuneration Committee at its meeting held on August 13, 2014 has recommended to revise the remuneration of Mr. K. G. Gupta, Managing Director, for a period of 7 months from September 01, 2014 to March 31, 2015, as set out in the draft supplementary agreement ,to be entered into between the Company and Mr. K. G. Gupta, Managing Director.
2. The recommendation has been accepted by the Board of Directors pursuant to Section 196 and 197 of Companies Act, 2013, read with Schedule V and is subject to the approval by the members of the Company by a Special Resolution, which is being sought by Postal Ballot. |
|
|