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Board Meeting on March 23, 2016

| Updated on March 14, 2016 Published on March 14, 2016

Five X Finance & Investment Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 23, 2016, inter alia, to consider and approve the followings:

1. To Change the Main object of the Company, adoption of new Ancillary Objects and deletion of existing other objects of the Company.

2. To change the Name of the Company according to the main object of the Company.

3. Adoption of New set of Articles of Association of the Company in conformity with Companies Act, 2013.

4. To Increase the power under Section 186 of the Companies Act, 2013.

5. To Create Security under Section 180 (1) (a) of the Companies Act, 2013 in connection with the borrowings of the Company.

6. To appoint Ms. Prajna Naik as a Company Secretary of the Company, in KMP Category pursuant to Section 203 of the Companies Act, 2013.

7. To Appoint Scrutinizer, for conducting proposed Postal Ballot in fair and transparent manner.

8. To adopt the Calendar of Events for the proposed Postal Ballot.

9. To authorize Mrs. Tanu Agarwal, Director of the Company to be responsible for the entire postal ballot process.

10. Further pursuant to the provisions of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 and as per the terms of "Code of Conduct for Prevention of Insider Trading" of the Company, the Trading Window shall remain closed from March 14, 2016 to March 25, 2016 (both days inclusive) for Directors and Designated Employees as defined in the Code.

Source : BSE - >www.bseindia.com

Published on March 14, 2016
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