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Outcome of board meeting of Nitin Fire Protection Industries

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Capital Market
Last Updated : May 18 2014 | 12:03 AM IST

Held on 17 May 2014

Nitin Fire Protection Industries announced that the Board of Directors of the Company at its meeting held on 17 May 2014, inter alia, has passed the following resolutions:

Appointment of Vinayak Kulkarni as the Cost Auditor for the financial year 2014-2015.

Appointment of M/s. Haribhakti & Co., as the Statutory Auditor for the financial year 2014-2015.

In pursuance to section 81(1 A) the issue of further equity shares of the Company.

Nitin M Shah will act as Non-Executive Director and Chairman of the Company, and has resigned from the post of Managing Director of the Company w.e.f. 17 May 2014.

The Board has accepted resignation of S A Dave as Director of the Company w.e.f. 18 February 2014.

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Kunal N Shah has resigned as Director of the Company w.e.f. 17 May 2014.

Rahul N Shah has resigned as Director of the Company w.e.f. 17 May 2014.

Considered Amalgamation of M/s. Eutotech Cylinders, 100% Subsidiary Company with the Company.

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First Published: May 17 2014 | 4:23 PM IST

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