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| Exchange Disseminated Time | Kesar Terminals & Infrastructure Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 07, 2014, inter alia :
1. Decided to conduct the Postal Ballot process under Section 110 of the Companies Act, 2013 read with Rule 22 of the Companies (Management and Administration) Rules, 2014 for obtaining the approval of the members of the Company by Special Resolution on matters relating to:
i) Creation of Charge on the assets of the Company under Section180(1)(a);
ii) Borrowing Powers of the Company under Section 180(1)(c); &
iii) Loans and Investments under Section 186.
2. Pursuant to Section 203 of the Companies Act, 2013, the Board of Directors based on the recommendation of the Nomination & Remuneration Committee appointed the following as Key Managerial Personnel (KMP):
i) Shri Sant Khare as Chief Executive Officer;
ii) Shri Vipul Doshi as Chief Financial Officer. |
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