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Outcome of board meeting of Sanghvi Forging & Engineering

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Capital Market
Last Updated : May 28 2014 | 12:00 AM IST

Held on 26 May 2014

Sanghvi Forging & Engineering announced that the Board of Directors of the Company at its meeting held on 26 May 2014, inter alia, has approved the following;

1. Approved existing 'Remuneration Committee' to be considered as 'Nomination & Remuneration Committee' in terms of Section 178 (1) of the Companies Act, 2013.

2. Approved existing 'Shareholders/lnvestors' Grievances Committee' to be considered as 'Stakeholders Relationship Committee' in terms of Section 178 (5) of the Companies Act, 2013.

3. Constitute Corporate Social Responsibility committee in accordance with Section 135 of the Companies Act 2013.

4. Adopted Vigil Mechanism/Whistle Blower Policy in accordance with Section 177 of the Companies Act, 2013.

5. Appointed Vikram Babulal Sanghvi as Chief Financial Officer, pursuant to Section 203 of the Companies Act, 2013.

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First Published: May 27 2014 | 9:59 AM IST

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