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Sunil Hitech Engineers Ltd. - Announcement under Regulation 30 (LODR)-Cessation

| Updated on April 01, 2019

We would like to inform you that pursuant to Regulation1A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 notified vide Notification No. SEBI/LAD-NRO/GN/2018/10 dated 9th May, 2018 to be effective from 1st April, 2019, No listed entity shall appoint a person or continue the directorship of any person as a non-executive director who has attained the age of seventy five years unless a special resolution is passed to that effect, in which case the explanatory statement annexed to the notice for such motion shall indicate the justification for appointing such a person.

Accordingly, Shri. Sajid Ali, Non-executive Independent Director of the company has already attained the age of seventy five years and company was required to obtain approval of shareholders by way of special resolution to continuing his directorship beyond 31st March, 2019, however no such resolution passed by the company.

Thus, the company cannot continue the directorship of Shri. Sajid Ali as a non-executive independent director of the company wef 1st April, 2019.

Kindly take above information on your records and oblige.

Pdf Link: Sunil Hitech Engineers Ltd. - Announcement under Regulation 30 (LODR)-Cessation

Source : BSE - www.bseindia.com

Published on April 01, 2019

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