Held on 28 April 2014
Blue Blends India announced that the Board of Directors of the Company at its meeting held on 28 April 2014, inter alia, has considered and approved the following:1. No Dividend recommended by the Board of Directors.
2. Further, the Board of Directors has decided to convene the 33rd Annual General Meeting on 11 July 2014.
3. Revision in terms of remuneration of Anand Arya, Chairman & Managing Director.
4. To increase the borrowing powers of the Board of Directors of the Company in terms of Section 180(1)(c) of the Companies Act, 2013.
5. To create charge or Mortgage etc. on Companies movable or immovable properties in terms of Section 180(1)(a) of the Companies Act, 2013.
6. To adopt Table F as the new set of Articles of Association in place of the existing Articles.
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7. To set off the balance of Profit & Loss Account against other reserves available.
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