Subex Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 09, 2016, has discussed and approved the agenda item stated below : 1. The Audit Committee of the Board met to consider the unaudited financial statement for the Quarter ending June 30, 2016. On review, the Audit Committee was of the opinion, that certain matters required further deliberations to be in compliance with IND-AS. In view of this, the Audit Committee decided to defer consideration and recommendation of the financial results for quarter ended June 30, 2016 to the Board of Directors to September 12, 2016. 2. Re-appointment of Mr. Surjeet Singh as the Managing Director & CEO of the Company, for a period of one year from October 05, 2016 to hold office until October 04, 2017 as per the terms of appointment.
Pdf Link:>Outcome of Board Meeting (Updates on Board Meeting intimation for Results)
Source : BSE - >www.bseindia.com
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.