|
| Exchange Disseminated Time | Indo Thai Securities Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 09, 2014, has transacted the following items:
1. Authorization for disinvestment from Wholly Owned Subsidiary Company (Indo Thai Fincap Limited).
2. Considering matter of Appointment of Mrs. Shobha Santosh Choudhary as an Independent Director of the Company at ensuing AGM.
3. Approval on matter for conducting the Postal Ballot Procedure for seeking shareholders approval through Postal Ballot u/s 110 of the Companies Act, 2013 on the following matters and authorization to Directors and Company Secretary for doing all necessary acts under the Postal Ballot Process.
a. Authority to extend the objects of M/s. Indo Thai Realties Limited a Wholly Owned Subsidiary Company of Indo Thai Securities Limited;
b. Transactions with related parties under Section 188 of the Companies Act, 2013;
c. Authorization for loans / guarantee / security / acquiring securities / investments by the Company under Section 186 of the Companies Act, 2013.
4. Approval of Notice of calling 20th Annual General Meeting.
Further the Company has submitted to BSE a copy of the Board Resolution dated August 09, 2014. |
|
|