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Outcome of board meeting of Arun Varun Trade & Investment

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Capital Market
Last Updated : Jun 01 2014 | 12:37 AM IST

Held on 30 May 2014

Arun Varun Trade & Investment announced that the Board of Directors of the Company at its meeting held on 30 May 2014, inter alia, has approved the following:

1. Appointment of Jayantilal R Bhandari as Managing Director of the Company for a period of 5 years.

2. Appointment of Gautam R Bhandari as Chief Financial Officer (CFO) of the Company.

3. Appointment of Mr Ameet M Brahmbhatt as Independent Director of the Company to hold the office upto 31 March 2019, not liable to retire by rotation, subject to the approval of members in ensuing General Meeting.

4. Appointment of Amit A Bhagat as Independent Director of the Company to hold the office upto 31 March 2019, not liable to retire by rotation, subject to the approval of members in ensuing General Meeting.

5. Constitution of following Committees with immediate effect:

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i. Audit Committee;
ii. Nomination and Remuneration Committee;
iii. Stakeholders Relationship Committee.

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First Published: May 31 2014 | 5:25 PM IST

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