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Outcome of KG Petrochem board meeting

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Capital Market

Held on 07 March 2014

KG Petrochem has announced that the board of directors of the company at its meeting held on 07 March 2014, has accepted the resignation of M/s P. C Modi & Co. auditor of the company. The board has proposed name of M/s R. Sogani & Associate, as statutory auditor of the company subject to approval of shareholder. The board has fixed the date of 07 April 2014 to hold the extra-ordinary general meeting. The board has decided to increase the borrowing power upto 500 crore subject to approval of shareholder.

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First Published: Mar 13 2014 | 11:15 AM IST

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