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Vikas Proppant & Granite Ltd - Announcement under Regulation 30 (LODR)-Allotment

| Updated on December 28, 2018 Published on December 28, 2018

This is informed you that the Board of Directors of the Company at its meeting held on 28th December 2018 at 11:00 A.M. at its Corporate Office i.e. F88/89, Udhog Vihar, RIICO, Sri Ganganagar-335002, has considered the following transactions:

1) The Board of Directors of the Company has allotted 32,50,00,000 equity shares having face value of Re. 1/- each at the price of Rs. 2.50 each fully paid-up to Promoters & Non Promoters.
2) Mrs. Ashu Garg has been appointed as additional independent director of the Company subject to the approval of shareholders in ensuing EGM or AGM whichever is earlier. Due to change in composition of Board of Directors there is need to rearrange the composition of committees also. Therefore, Mrs. Ashu Garg has been appointed as member of Nomination & Remuneration Committee in place of Mrs. Deepika Aggarwal. Further Mrs. Ashu Garg has been appointed as member of Stakeholders Relationship Committee and Mr. Neeraj Chhabra has been appointed as chairman of Stakeholders Relationship Committee.

The meeting has been concluded on 2:45 P.M.

This is for your information & record.

Pdf Link: Vikas Proppant & Granite Ltd - Announcement under Regulation 30 (LODR)-Allotment

Source : BSE - www.bseindia.com

Published on December 28, 2018
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