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AKSH OPTIFIBRE LTD. - Outcome of Board Meeting
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30 May 2015
Aksh Optifibre Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2015, inter alia, has transacted the following:&lt;BR&gt;&lt;BR&gt;1. approved the appointment of Ms. Devika Raveendran as Independent Woman Director on the Board of Directors of the Company;&lt;BR&gt;&lt;BR&gt;2. accepted the resignation of Mr. Chetan Choudhari, from the position of Managing Director and Director on the Board of the Company;&lt;BR&gt;&lt;BR&gt;3. appointed Dr. Kailash S Choudhari as Chairman &amp; Managing Director of the Company, subject to all necessary statutory approvals.&lt;BR&gt;&lt;BR&gt;4. approved capital investment of about Rs. 95 crores for expansion of capacities of Optical fibre cable and FRP Rods.
View all announcements for AKSH OPTIFIBRE LTD. Source: BSE India