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Outcome of Board Meeting

| Updated on June 20, 2015 Published on June 20, 2015

Granules India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 20, 2015, has :

1. approved the alteration in Articles of Association (AoA) of the Company, subject to approval of the members, by adopting regulations in AoA as per the Companies Act, 2013;

2. approved the re-appointment of Mr. Harsha Chigurupati as an Executive Director of the Company, subject to approval of the members and the Central Government, for a term of five years with effect from August 01, 2015;

3. approved the issue of 40,95,230 warrants on preferential basis to Mr. C. Krishna Prasad, Chairman & Managing Director and promoter of the Company, subject to approval of the members, at a price arrived at in accordance with the SEBI (ICDR) Regulations, 2009.

Source : BSE - >www.bseindia.com

Published on June 20, 2015
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