On 24 March 2014
Kwality has announced that the Board of Directors of the Company at its meeting held on 24 March 2014, inter alia, has discussed the following matters :The Board reviewed the recommendation given by CSR committee and directed the committee to formulate the policy.
The Board reviewed the members of all committees and also reviewed the function of the committees.
The Board discussed the expansion plan for setting up of MCC/strengthening farmer milk, procurement process, expanding of capacity in existing units, setting up of new units by way of new investment / buyout / merger of existing units. The board approved the budget of approximately Rs 375 crore for the same and it is to be met out of internal accruals and debt from bank.
4. The Board directed Sidhant Gupta to take all required necessary steps to implement for a common ERP system to automate and standardize business processes and enhance operational efficiencies.
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