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Outcome of board meeting of OCL Iron & Steel

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Capital Market
Last Updated : Jan 13 2015 | 8:47 PM IST

Held on 13 January 2015

OCL Iron & Steel announced that the Board of Directors of the Company at its meeting held on 13 January 2015, has approved the following subject to the approval of shareholders through postal ballot:-

1. Alteration of Articles of Association of the Company ("AoA") by way of adoption of new set of AoA in terms of provisions of Companies Act, 2013.

2. Related Party Transactions by the Company for the financial year 2014-15.

3. Appointment of Yogesh Kapur as an Independent Director of the Company pursuant to Section 149 of the Companies Act, 2013.

4. Appointment of Sanjay Tiku as an Independent Director of the Company pursuant to Section 149 of the Companies Act, 2013.

The Company has appointed Iqneet Kaur, Practicing Company Secretary as the Scrutinizer to conduct the postal ballot process in a fair and transparent manner.

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First Published: Jan 13 2015 | 6:55 PM IST

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