Panchmahal Steel: Outcome of board meeting

Written By Unknown on Selasa, 12 Agustus 2014 | 18.01

Panchmahal Steel at its meeting held on August 12, 2014, has considered and approved the re-appointment of Mr. Pradeep Sharma as Director (Operations) of the Company w.e.f. October 26, 2014 for a further period of 3 years subject to the approval of the members at the 41st AGM of the Company.

Panchmahal Steel Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 12, 2014, inter alia, has considered and approved the following:1. Re-appointment of Mr. Pradeep Sharma as Director (Operations) of the Company w.e.f. October 26, 2014 for a further period of 3 years subject to the approval of the members at the 41st Annual General Meeting of the Company.2. Appointment of Mr. Mohanraj M. Singhi, Mr. Nilesh Mehta, Mr. Amal Dhru and Mr. Milan Shah, the existing independent Directors of the Company, as Independent Directors for a period of five (5) years, subject to approval by Shareholders by way of Ordinary Resolutions in the 41st Annual General Meeting of the Company.3. Re-constitution of the Audit Committee, Stakeholders Relationship Committee and Nomination & Remuneration Committee of the Board of Directors of the Company.Source : BSE

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