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| Exchange Disseminated Time 12/02/2016 16:47:30 | Panchmahal Steel Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 12, 2016, inter alia, has considered and approved the following:
1. Adoption of Policies: -
In terms of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, the Board of Directors has duly adopted the following policies :
(a) Policy on Preservation of Documents,
(b) Policy on Determination of Materiality Event or Information; 6t
(c) Archival Policy for Disclosures made to Stock Exchange.
2. Reconstitution of Nomination and Remuneration Committee: -
In terms of Regulation 19(1) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, the Board has reconstituted Nomination and Remuneration Committee of the Company. Now, the members of Nomination and Remuneration Committee are (i) Mr. Mohanraj M. Singhi (Chairman) (ii) Mr. Amal Dhru (Member); & (iii) Mr. Milan Shah (Member).
3. As per Regulation 30(5) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, the Board has authorised the following Key Management Personnel to determine the materiality of an event/information and for the purpose of making disclosures to stock exchange(s) under the said regulation. |
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