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| Exchange Disseminated Time 28/12/2016 16:26:41 | B. L. Kashyap and Sons Ltd has informed BSE that in accordance with the Corporate Debt Restructuring (CDR) Package and the Letter of Approval (LOA) issued by CDR Empowered Group, the CDR Lenders are entitled to retain /appoint Nominee on the Board of the B.L. Kashyap and Sons limited. Accordingly, State Bank of India (SBI) the Monitoring Institution has nominated Mr. Sharad Sharma, Ex DMD of SBI as its nominee.
The Board of Directors vide resolution by circulation as per provisions of Section 175 of the Companies Act 2013 and rules made thereunder have considered and appointed Mr. Sharad Sharma as a Nominee Director with effect from December 27, 2016. |
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