HIL LTD. - Disclosure Under Regulation 30 And Other Applicable Regulations Of SEBI (LODR) Regulations, 2015

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27 Jan 2023
We hereby inform that the Board of Directors of the Company at its meeting held on Friday, January 27, 2023 has: a. Designated Mr. Ajay Kapadia, VP-Finance & Accounts as a Compliance Officer of the Company for an interim period, for the purpose of SEBI Regulations. b. Approved an estimated Capex proposal of Rs. 34.00 Crores (Rupees Thirty Four Crores only) to enhance the production capacity of AAC Blocks at Chennai plant to meet the growing customer demands. c. Considered and approved the "HIL Employee Stock Option Scheme, 2023 ("ESOP Scheme 2023") pursuant to Section 62 and other applicable provisions, if any, of the Companies Act, 2013 and Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 ("SEBI Regulations") subject to the approval of the Shareholders. Details of the Scheme will be provided in explanatory statement to the notice of the postal ballot/ Annual/ General Meeting of the shareholders of the Company.
View all announcements for HIL LTD.	Source: BSE India

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