Corporate Announcement
Security Code : 539957    Company : MGL    
 
Announcement under Regulation 30 (LODR)-CessationDownload PDF Download XBRL
  Exchange Received Time  26/10/2018 15:35:22         Exchange Disseminated Time   26/10/2018 15:35:33              Time Taken   00:00:11
We would like to inform you that, in terms of Articles of Association, the Company has received a letter dated October 25, 2018 from our promoter GAIL (India) Limited nominating Mr. Ashu Shinghal, Chief General Manager (CSPA), GAIL in place of Mr. Virendra Nath Datt as Non-Executive Director on the Board of MGL with immediate effect. Accordingly, Mr. V. N. Datt ceases to be Director of MGL. The appointment of Mr. Ashu Shinghal shall be effective post approval of the Board of Directors of MGL. We are taking necessary actions in this regard.

The above disclosure is made in terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
 

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