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Outcome of board meeting of TVS Electronics

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Capital Market
Last Updated : May 06 2016 | 12:01 AM IST

Held on 04 May 2016

TVS Electronics announced that the Board of Directors of the Company at its meeting held on 04 May 2016, have :

1. appointed R S Raghavan as a Non-executive Non-Independent Director of the Company with effect from 04 May 2016;

2. appointed Prakash Katama, currently Chief Operating Officer, as Chief Executive Officer (Key Managerial Person) of the Company with effect from 04 May 2016;

3. convened the 21st Annual General Meeting on 30 June 2016; and

4. approved the Scheme of Amalgamation for merger of Company's Wholly Owned Subsidiary Company, Prime Property Holdings with the Company with effect from 01 April 2016 under Section 391-394 of the Companies Act, 1956, subject to necessary approvals.

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First Published: May 05 2016 | 9:36 AM IST

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