DB (INTERNATIONAL) STOCK BROKERS LTD. - Outcome of Board Meeting
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| 24 Jul 2015 | |
| DB International Stock Brokers Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 24, 2015, inter alia, has discussed and approved the following transactions.<BR><BR>2. The Board of Directors considered the re-appointment of Shiv. Narayan Daga, Managing Director of the Company whose period of office is expiring on September 05, 2015, for the period of five years(starting from September 06, 2015 to September 05, 2020), considering the same, following resolution may be passed:<BR><BR>RESOLVED THAT pursuant to section 196, 197, 198 and 203 with schedule V and other applicable provisions if any of the Companies Act. 2013 (including any statutory modification or re-enactment(s) thereof , for the time being in force) subject to the approval of the members in the general meeting and subject to the approval of the Central Government, if required, the consent of the board of directors of the Company be and is hereby accorded for re- appointment of Shiv Narayan Daga as a Managing Director of the Company with effect from September 06, 2015 for the period of five years and the payment of the remuneration shall be on the existing terms and conditions which shall further be subject to the approval of the Shareholders in the next general meeting and by the Central Government, if required.<BR><BR>2. Approved engaging services of Central Depository Services (India) Limited (CDSL) to provide e-voting facility to the members of the Company, pursuant to Section 108 and other applicable provisions, if any, of the Companies Act, 2013 the Companies (Management & Administration) Amendment rules, 2015 and clause 35B of the listing agreement.<BR><BR>3. Approved the appointment of Mr. Sandeep Kumar Roy, Practicing Company Secretary, is the scrutinizer for passing ordinary and /or special resolutions by remote e-voting and voting at the meeting at the ensuing annual general meeting of the Company. | |
| View all announcements for DB (INTERNATIONAL) STOCK BROKERS LTD. | Source: BSE India |
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