Outcome of Board Meeting

KSL & Industries Ltd has informed BSE that the Board of Directors of the Company at its Meeting held on May 29, 2014, inter alia, has transacted the following business:

1. Noted the Resignation of Shri Navin Kumar Tayal from the Directorship of the Company w.e.f. February 26, 2014.

2. Noted the Appointment of Shri Trivendra Shambhu Singh as an Additional Director of the Company w.e.f. February 27, 2014.

3. Approved the Constitution of the Corporate Social Responsibility Committee of the Company pursuant to the provisions of Section 135 of the Companies Act, 2013 and Rules framed there under.

4. Approved the Constitution of the Nomination And Remuneration Committee of the Company pursuant to the provisions of Section 178 of the Companies Act, 2013.

5. Approved the Constitution of Stakeholders Relationship Committee and decided upon its scope, role, functions, powers and allied matters in compliance with applicable provisions of sec 178 of Companies Act, 2013 and SEBI Circular dated April 17, 2014.

6. Renamed the Share Transfer! Investor Grievance Committee as Share Transfer Committee and revision of its scope in Line with Companies Act, 2013 and SEBI Circular dated April 17, 2014.

7. Appointed the Chief Financial Officer of the Company pursuant to the provisions of sub-section (1) of Section 203 of the Companies Act, 2013.

8. Re-appointed Shri Pradip M. Damania, Cost Accountant, as a Cost Auditor of the Company pursuant to the provisions of sub-section (4) of Section 148 of the Companies Act, 2013 for financial year 2014-15.

9. Approved and Established Vigil Mechanism in accordance with Section 177 and SEBI Circular dated April 17, 2014.

10. Approved Revision in terms of reference of the Audit Committee in terms of Section 177 of the Companies Act, 2013 and SEBI Circular dated April 17, 2014.

Source : BSE - www.bseindia.com

Published on June 05, 2014
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