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Vst Industries Ltd. - Announcement under Regulation 30 (LODR)-Change in Directorate

| Updated on July 26, 2019 Published on July 26, 2019

a. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, have at their Meeting today approved the following appointment :

Appointment of Mr. Rajiv Gulati (DIN : 06820663), as an Additional Independent Director of the Company :

i. Date of appointment : 26th July, 2019
ii. Term of appointment : 5 years
iii. Disclosure of relationship between Directors : Nil
iv. Reason for change : Appointment
v. Brief Profile : Enclosed herewith

b. The Board of Directors of the Company held today, based on the recommendation of the Nomination and Remuneration Committee, have approved the reclassification of the directorship of Mr. S. Thirumalai from an Independent Director to a Non-Executive Non-Independent Director with effect from 26th July, 2019 in compliance with the provisions of Section 152(6) of the Companies Act, 2013.

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

Source : BSE - www.bseindia.com

Published on July 26, 2019
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