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| Exchange Disseminated Time 14/06/2016 16:39:37 | IOL Chemicals & Pharmaceuticals Ltd has informed BSE that the Company proposes to make applications to the Central Government for its approval under Section 197, Schedule V and other applicable provisions of the Companies Act, 2013 to the variation in term of appointment of Mr. Varinder Gupta, Managing Director and Mr. Vikas Gupta, Executive Director in respect of increase in their remuneration w.e.f. April 01, 2016 for remaining tenure.
In this regard the Company is attaching herewith copies of newspaper clipping published in News Papers on June 14, 2016. |
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