Gravita India Ltd. - Announcement under Regulation 30 (LODR)-Meeting Updates

| Updated on April 01, 2019 Published on April 01, 2019

With reference to the captioned subject and as per requirement of Regulation 30 of SEBI (LODR) Regulation 2015, please be informed that the Board of Directors of the Company at their meeting held on Sunday, 31st March, 2019 discussed and approved the following along with other matters:
1. Appointment of Mr. Yogesh Malhotra having DIN: 05332393 as Additional director of the Company with effect from March 31st, 2019 who shall hold office upto the next Annual General Meeting or the last date on which Annual General Meeting should have been held, whichever is earlier.
2. Designated Mr. Yogesh Malhotra as Whole-time Director of the Company for a period of 3 Years with effect from. 31st March, 2019 subject to approval of shareholders in next General meeting.
3. Approved the grant of Stock Appreciation Rights (SARs) to the eligible employees in terms of Gravita Stock Appreciation Rights Scheme, 2017.
4. Approved the amendment in Code of Conduct for prevention of Insider Trading and Fair Disclosure of Unpublished Price Sensitive Information in view of SEBI (Prohibition of Insider Trading) (Amendment) Regulation, 2018 along with Policy for determination of Legitimate Purposes.
Further the details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular CIR/CFD/CMD/4/2015 dated 9th September, 2015 are enclosed herewith as Annexure A to this letter.
Kindly take the above mentioned information and oblige.

Pdf Link: Gravita India Ltd. - Announcement under Regulation 30 (LODR)-Meeting Updates

Source : BSE - www.bseindia.com

Published on April 01, 2019

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