KINGFISHER AIRLINES LTD. - Outcome of Board Meeting
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| 26 Aug 2014 | |
| Kingfisher Airlines Ltd has informed BSE that at the Board Meeting of the Company held on August 22, 2014, Mr. Lalit<br/>Bhasin has been appointed as an Additional Director (category Non-Executive Independent) on the Board of Directors of the Company, pursuant to security clearance in respect of Mr. Lalit Bhasin received from the Ministry of Civil Aviation vide its letter dated August 04, 2014.<br/><br/>The said security clearance was granted without prejudice to the rights and contentions of the Ministry of Civil Aviation in Writ Petition No. 4686 of 2014 filed by the Company inter alia, against the Ministry of Civil Aviation.<br/><br/>The Honble Delhi High Court disposed of the said Writ Petition vide its order dated August 05, 2014.<br/><br/>Steps are being taken to Identify further candidate(s) to be appointed as director(s) of the Company subject to their consent and receipt of all security clearances / approvals as may be required, with a view to comply with the provisions of the Companies Act, 2013 (including constituting a valid Board of Directors comprising a minimum of 3 directors as required under the Companies Act, 2013) and the listing agreement with the stock exchanges.<br/><br/>Thereafter, steps will be taken towards publishing the audited results for the year ended March 31, 2014 and for the quarter ended June 30, 2014. | |
| View all announcements for KINGFISHER AIRLINES LTD. | Source: BSE India |
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