Appointment of Director
Detail
Inter alia, approved:- 1. On the recommendation of the Nomination and Remuneration Committee, considered and approved appointment of Mr. Dineshkumar Dharamkumar Sabnani (DIN: 10840546) as Additional (Executive Director) categorised as Managing Director of the Company for a period of five years w.e.f. November 22, 2024, subject to approval of Members of the Company; 2. On the recommendation of the Nomination and Remuneration Committee, considered and approved appointment of Mr. Kalpeshkumar Nanalal Vohra (DIN: 10841522) as Additional Non-executive Director of the Company w.e.f. November 22, 2024 up to the date of ensuing general meeting, subject to approval of Members of the Company; 3. On the recommendation of the Nomination and Remuneration Committee, considered and approved appointment of, subject to approval of the Members of the Company, Mrs. Vohra Tejal Kalpeshbhai (DIN: 10841519) as Additional Non-Executive Independent Woman Director of the Company for a period of five years w.e.f. November 22, 2024, subject to approval of Members of the Company; Further, since Mrs. Vohra Tejal Kalpeshbhai has obtained DIN: 10841519 as on November 19, 2024 and has registered herself with Independent Director?s Databank as on November 21, 2024, her appointment as an Additional Non-Executive Independent Woman Director of the Company shall take effect from November 22, 2024 and he shall hold office for a period of five years w.e.f. November 22, 2024, subject to approval of Members of the Company. 4. Decided to provide expression of interest (EOI) for acquiring Ankit Metal and Power Limited which is under CRIP and who have published the Form G in the Newspaper dated 16 November 2024, inviting Expression of Interest under regulation. Further, the board of directors of the company is authorised to submit the bid to the requisite authority and they are allowed to bid upto Rs. 300,00,00,000/- (Rupees Three Hundred Crores) for the said acquisition.