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Outcome of board meeting of Kokuyo Camlin

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Capital Market
Last Updated : Mar 21 2014 | 12:03 AM IST

Held on 20 March 2014

The Board of Directors of Kokuyo Camlin at its meeting held on 20 March 2014 has approved the following items:

1. Resignation received from Hirofumi Iwatsu as a Director.

2. Appointment of Yasushi lnoue as a Director in the casual vacancy in place of Hirofumi Iwatsu.

3. To exit from non core business of pre-school by divesting entire holding in its 100% Subsidiary M/s. Camlin AlphaKids by way of sole of shares to Dilip Dandekar and his family members including his Associate companies, who hold 5.38% shares in Kokuyo Camlin out of the total promoter & promoter group holding of 74.98%.

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First Published: Mar 20 2014 | 5:15 PM IST

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