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Baroda Rayon Corporation announces cessation of BIFR nominated director

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Capital Market
Last Updated : Jan 04 2017 | 2:01 PM IST

With effect from 01 December 2016

Baroda Rayon Corporation announced that in pursuance of Government notification S.O. No. 3568 (E) dated 25 November 2016 and S.O. 3569 E) dated 25 November 2016, The Board for Industrial & Financial Reconstruction (BIFR) has been wound up w.e.f. 01 December 2016. Accordingly the Company has received a discharge order vide F. No. 16(6)/3/201I/BIFR/SD Discharge, stating that Prashant Panda, a Special Director appointed by BIFR, ceases to exist on the Board of the Company w.e.f. 01 December 2016.

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First Published: Jan 04 2017 | 1:34 PM IST

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