Virya Resources Ltd - Board Meeting Intimation for Reschedule Of Board Meeting.
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| 05 Jun 2023 | |
| Virya Resources Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 08/06/2023 ,inter alia, to consider and approve With reference to the notice received with regard to the delay in conducting the Board meeting on schedule, we tender our apologies and the following account to explain the reasons for the delay. VR Commodities Pvt Ltd is a group company and in the year 2019, our Promoters had onboarded Mr. Nanchraiya Shiva Rama Krishna Pulakanam as a Director. The current situation is a direct result of his fraudulent actions and unavailability. It was brought to the notice of the Board that Mr. Nanchraiya Shiva Rama Krishna Pulakanam, a Director of the Company, has gone absconding. It was further noticed that some of the financial transactions put through by him have not been accounted for in the Books of Accounts of the Company. It is feared that there is a fraudulent misuse of the company's funds by the Director, Mr. Shiva Rama Krishna. To this effect, an FIR has been filed by VR Commodities Pvt Ltd against this Director. It has been decided to initiate the process of removing Mr. | |
| View all announcements for Virya Resources Ltd | Source: BSE India |
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