Held on 24 June 2017
The Board of Sree Sakthi Paper Mills at its meeting held on 24 June 2017 has transacted the following -Akhilesh Agarwal, was appointed as Additional Director of the Company.
The Board recorded the results of Postal Ballot as 99.99% of the votes were polled in favour of the resolutions permitting( i) the sale of Company's landed properties at Chalakkudy, Thrissur (ii) alter the object clause of the Memorandum of Association of the Company (iii) Issue of 11.25% of Non-Convertible Redeemable Preference Shares (''RPS'').
Board has allotted 11.25% of Non-Convertible Redeemable Preference shares to the promoter directors.
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