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Outcome of board meeting of Usher Agro

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Capital Market
Last Updated : Aug 28 2014 | 9:16 PM IST

Held on 28 August 2014

Usher Agro announced that the Board of Directors of the Company at its meeting held on 28 August 2014, inter alia, transacted the following :

1. Decided to hold Annual general Meeting of the members of the Company on 20 December 2014.

2. Approved the revised terms of reference of the Audit Committee in line with section 177 of the Companies Act, 2013 and clause 49 of the Listing Agreement;

3. Approved the change in nomenclature and terms of reference of remuneration Committee of the Company to Nomination and Remuneration Committee pursuant to the provision of section 178 of the Companies Act, 2013;

4. Approved the change in nomenclature Shareholders Grievance Committee of the Company to Stakeholders Relationship Committee pursuant to the provision of section 178 of the Companies Act, 2013;

5. Company decided to change the financial year from 1st July - 30th June to 1st April - 31st March pursuant to Companies Act 2013.

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First Published: Aug 28 2014 | 8:46 PM IST

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