JAYASWAL NECO INDUSTRIES LTD. - Board Meeting on Feb 10, 2014

Jayaswal Neco Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on February 10, 2014, to transact the following business:<br/><br/>1. Further issue of Equity Shares on Preferential Basis.<br/><br/>2. Approval of the terms and conditions including remuneration on Reappointment of Shri Arbind Jayaswal as Managing Director for a period of three years.<br/><br/>3. Approval of the terms and conditions including remuneration on Re-appointment of Shri Ramesh Jayaswal as Joint Managing Director for a period of three years.<br/><br/>4. Approval of the terms and conditions including remuneration on Re-appointment of Shri Pramod Kumar Bhardwaj as Executive Director and Chief Financial Officer for a period of three years.<br/><br/>5. Appointment of Additional Director in place of Shri Nirmit Ved whose nomination has since been withdrawn by EXIM Bank.