At meeting held on 23 August 2014
Seshasayee Paper & Boards announced that the Board of Directors of the Company at its meeting held on 23 August 2014 has accepted the resignations of Arun G Bijur and Bimal Kumar Poddar from the Board.Both the Directors have resigned from the Board to enable the Company to reconstitute the Board to comply with the SEBI / Listing Agreement stipulations with regard to Independent Directors.
The Board of Directors of the Company at their meeting held on 23 August 2014 has approved the appointment of A L Somayaji and Dr Nanditha Krishna, as Independent Directors of the Company to hold office for a fixed term of 5 years from 29 September 2014 and not liable to retire by rotation and recommended the same to the Members of the Company for their approval through Postal Ballot.
Powered by Capital Market - Live News
