|
| Exchange Disseminated Time | Mipco Seamless Rings Gujarat Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 05, 2012, approved the following:
1. Resignation of Mr. Lakshmi Prasad Yerneni, currently serving on the Board of Directors of the Company as an Independent Director was approved and accepted w.e.f. March 05, 2012. He had tendered his resignation as a Director from the Board effective immediately, i.e. w.e.f. March 05, 2012 owing to his other preoccupations.
2. Appointment of Mr. Surya Chilukuri as an Additional Independent Director was approved by the Board.
3. Reconstitution of Audit Committee, Remuneration Committee and Shareholders' / Investor's Grievance Committee due to resignation of Mr. Lakshmi Prasad Yerneni was approved and Mr. Surya Chilukuri was appointed to the committees in place of Mr. Lakshmi Prasad Yerneni and consequently Mr. Surya Chilukuri, Additional Director, will be the Chairman of Audit & Remuneration Committee and members of Shareholders' / Investor's Grievance Committee in place of Mr. Lakshmi Prasad Yerneni. |
|
|