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Jbm Auto Ltd. - Announcement under Regulation 30 (LODR)-Change in Directorate

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

Sub. : Outcomes of resolutions passed by circulation by the Board of Directors

Sir / Madam,

Pursuant to the Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are herewith submitting the below outcomes of the resolutions passed by the Board of Directors of the Company by circulation on 31st March, 2019:

1. Subject to the approval of shareholders in the ensuing Annual General Meeting and on the recommendation of Nomination and Remuneration Committee of the Company and in terms of section 149(10) & 149(11) of the Companies Act, 2013, the Board of Directors of the Company have approved the re-appointment of Mr. Mahesh Kumar Aggarwal, Independent Director of the Company, whose first term of appointment will be expiring on closure of business hours on 31.03.2019, for a second term of 5 (Five) years i.e. from 01.04.2019 to 31.03.2024.

Further disclosures as per SEBI circular no. CIR/CFD/CMD/4/2015 dated 09.09.2015 is attached as Annexure-1.

2. Mr. Ashok Kumar Agarwal, Independent Director of the Company who was appointed, in terms of section 149(10) & 149(11) of the Companies Act, 2013, as an Independent Director of the Company for an initial term of 5 (Five) years w.e.f. 01.04.2014 ceases to be an Independent Director w.e.f. closure of business hours on 31.03.2019.

Further disclosures as per SEBI circular no. CIR/CFD/CMD/4/2015 dated 09.09.2015 is attached as Annexure-2.

Pdf Link: Jbm Auto Ltd. - Announcement under Regulation 30 (LODR)-Change in Directorate

Source : BSE - www.bseindia.com

Published on April 01, 2019
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