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Outcome of board meeting of Blue Circle Services

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Capital Market
Last Updated : Jul 27 2015 | 12:28 PM IST

Held on 27 July 2015

Blue Circle Services announced that the Board of Directors of the Company at its meeting held on 27 July 2015, inter alia, have approved the following -

1. Approved the appointment of Vandana N. Sahu as an Independent Director of the Company for the period of 5 years subject to approval of Members in forthcoming Annual General Meeting;

2. Approved the appointment of Anil Kumar Purohit as Managing Director of the Company;

3. Approved the changes in Main Objects of the Company to empower Company to enter into new business segment of e-commerce and the business of finance and investments and accordingly to change Main Objects of the Memorandum of Association;

4. Adopted new Articles of Association of the Company containing regulations in conformity with the Companies Act, 2013.

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First Published: Jul 27 2015 | 11:48 AM IST

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