We wish to inform that with the recommendation of Audit Committee, the Board of Directors has in their meeting held today approved the appointment of M/s K. Gopal Rao & Co., (ICAI Regn. No.000656S) Charted Accountants as statutory auditors of the company to fill the casual vacancy caused by resignation of M/s M.K. Dandeker & Co., subject to approval of members of the company.
For the said purpose, the board shall obtain shareholder's approval either through postal ballot or convene an Extra General Meeting ('EGM') of the members of the company within three months.
The meeting started at 11.30 a.m. and concluded at 12.30 p.m.
Details with respect to appointment of M/s K. Gopal Rao & Co., (statutory auditors as required under Regulation 30 read with Schedule III of Listing Regulation, SEBI Circular CIR/CFD/CMD/4/2015 dated September 09, 2015 and CIR/CFD/CMD1/114/2019 dated October 2019 are annexed herewith.
Kindly take this on your records.
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