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Kajaria Ceramics Ltd. - Outcome of Board Meeting

| Updated on March 30, 2019 Published on March 30, 2019

Pursuant to the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the Listing Regulations), we wish to inform you that at the meeting of the Board of Directors (the Board) of the Company held today, the following businesses, inter-alia, were transacted:

1. The Board has accepted the resignation of Mr. Basant Kumar Sinha from the Directorship of the Company, which will be effective from the close of working hours of March 31, 2019.

The existing tenure of Mr. Basant Kumar Sinha as the Whole-time Director designated as the Director-Technical of the Company, will also be completed on the close of working hours of March 31, 2019.

In view of the above, Mr. Basant Kumar Sinha will not be on the Board of the Company, in any capacity, from the close of working hours of March 31, 2019.

2. The Board has noted that Mr. Ram Ratan Bagri will cease to hold the position of the Independent Director of the Company with effect from the close of working hours of March 31, 2019 as his existing tenure to hold the said position would expire on the time mentioned above.

Accordingly, Mr. Ram Ratan Bagri would cease to be the Independent Director of the Company with effect from the close of working hours of March 31, 2019.

3. The Board has approved the revised Code of Conduct for Prevention of Insider Trading, Whistle Blower Policy and the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (the Code of Fair Disclosure) in compliance with the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015 (including amendment(s) thereto) read with the other applicable laws. The copy of the said Code of Fair Disclosure is enclosed.

Pdf Link: Kajaria Ceramics Ltd. - Outcome of Board Meeting

Source : BSE - www.bseindia.com

Published on March 30, 2019
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