Held on 25 April 2014
Emami Paper Mills announced that the Board of Directors of the Company at its meeting held on 25 April 2014, has transacted following:Resignation of Dr Y S P Thorat, as an Independent Director of the Company was accepted;
M B S Nair has been appointed as an Additional Director (Whole Time Director) designated as Director (Operations) of the Company;
Issue of Cumulative Redeemable Non-Convertible Preference Shares aggregating to Rs 45 crores to the Promoters on preferential basis for part financing of the ongoing Expansion Project at Balasore, Odisha, was considered and recommended for necessary approvals.
Increase in the Authorised Share Capital of the Company and alteration of Memorandum and Articles of Association of the Company have been considered and recommended for necessary approvals.
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