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| Exchange Received Time 24/05/2018 15:19:55 Exchange Disseminated Time 24/05/2018 15:20:00 Time Taken 00:00:05 | The Board of Directors at its meeting held today i.e. 24th May, 2018, have transacted inter-alia following businesses:
1. Accepted the resignation of Shri Benoy Roychowdhury, Whole-time Director from the Board of Directors of the Company w.e.f. 24th May, 2018, as he is keen to pursue opportunities outside the Company.
2. Upon recommendation of the Nomination and Remuneration Committee, approved appointment of Shri Praveen Someshwar, as Managing Director w.e.f. 1st August, 2018 for a period of 5 years, subject to approval of the members at their ensuing Annual General Meeting.
The relevant details in terms of the Listing Regulations, read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September, 2015, are enclosed herewith as Annexure -A.
3. Upon recommendation of the Nomination and Remuneration Committee, approved appointment of Shri Tridib Barat, as Whole-time Director of the Company w.e.f. 24th May, 2018, for a period of 1 year , subject to approval of the members at their ensuing Annual General Meeting.
The relevant details in terms of the Listing Regulations, read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September, 2015, are enclosed herewith as Annexure -B. |
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