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Outcome of board meeting of FCS Software Solutions

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Capital Market
Last Updated : Aug 26 2014 | 11:30 AM IST

Held on 25 August 2014

FCS Software Solutions announced that the Board of Directors of the Company at its meeting held on 25 August 2014, inter alia, has approved the following :

1. Re-appointment of Govinda Sahu as an executive Director of the Company who is liable to retire by rotation in the forthcoming Annual General Meeting.

2. Approval of appointment of Shiv Nandan Sharma and Shayam Sunder Sharma as Independent Directors in forthcoming Annual General Meeting.

3. Approval of appointment of Shweta Shatsri as an Independent Director subject to approval of members in forthcoming Annual General Meeting.

4. Approval of appointment of Rohit Pratap Singh as an executive Director of the Company and fixing his remuneration subject to approval of members in forthcoming Annual General Meeting.

5. Re-appointment of Statutory Auditors M/s SPMG & Company who are retiring in forthcoming Annual General meeting.

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6. Approved allotment of 14 crore preferential warrants convertible into equity shares to promoter and non promoter category subject to approval of shareholders in forthcoming Annual General Meeting and other necessary approvals.

7. Approval of modified Articles of Association of the Company as per new provisions of Companies Act, 2013 subject to approval of members in forthcoming Annual General Meeting.

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First Published: Aug 26 2014 | 9:58 AM IST

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