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Outcome of board meeting of Sunflag Iron & Steel Company

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Capital Market
Last Updated : Feb 06 2015 | 7:15 PM IST

Held on 06 February 2015

Sunflag Iron & Steel Company announced that the Board of Directors of the Company at its meeting held on 06 February 2015, inter alia, transacted the following:

1. The Board of Directors of the Company has noted the appointment of Pradip Kumar Das as nominee Director of IDBI Bank in Place of Sonam Tashi Bodh.

2. The Board of Directors of the Company has appointed Mukesh D. Parakh, Company Secretary as Secretarial Auditors of the Company Financial Year 2014 - 2015.

3. The Board of Directors of the Company has re-constituted the Audit Committee and Nomination and Remuneration Committee & constituted Risk Management Committee.

4. The Board of Directors of the Company has approved the investment proposal for formation of a Joint Venture Company with Daido Die & Mold Steel Solutions Co. and Daido Steel Co.

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First Published: Feb 06 2015 | 6:12 PM IST

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