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Outcome of board meeting of Ruby Traders & Exporters

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Capital Market
Last Updated : Jan 17 2017 | 12:02 AM IST

Held on 14 January 2017

Ruby Traders & Exporters announced that the Board of Directors of the Company at its meeting held on 14 January 2017 has considered and approved the following -

Resignation of Nikit Devchand Rambhia, Whole Time Director of the Company with effect from 14 January 2017.

To change the name of the Company from Ruby Traders & Exporters to Panache Innovations.

Alteration in Clause IIIA (Object Clause) of the Company by inserting the sub-clause 2 under part A of clause III, after the existing sub-clause 1 and the remaining sub-clauses be re-numbered accordingly, pursuant to its product range expansion plans, subject to necessary approvals as may be required.

Alteration in Memorandum of Association of the Company as per the new format of Companies Act, 2013.

Appointment of Jayachandran Sundermoorthy as Additional Director with effect from 14 January 2017.

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First Published: Jan 16 2017 | 11:34 AM IST

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