Please note that Board of Directors, in their meeting held on 18th July, 2022, has:
a. appointed Mr. Hitendra Kewalchand Chopra (DIN-03372530) as an Independent Director of the Company for a period of 5 consecutive years with effect from 18th July, 2022 subject to approval of members of the Company at ensuing Annual General Meeting of the Company, the required disclosure for the appointment is attached as Annexure.
b. also taken note of resignation of Mr. Anil Kumar Bhandari, Independent Director of the Company.
c. elevated, Mr. Ashok Chhajer, the Managing Director of the Company with additional charge as Chairman and now his designation will be Chairman and Managing Director of the Company.
d. re-constituted Audit Committee and also Nomination & Remuneration Committee of the Company.
This is in due compliance of the relevant regulation of SEBI (LODR) Regulations, 2015.