With effect from 12 May 2015
Saurashtra Cement announced that India Debt Management (IDM) has withdrawn the nomination of Alexander Shaik and Navin Sambtani as Nominee Directors on the Board of the Company with effect from 12 May 2015 in view of the repayments of all outstanding dues to IDM by the Company under various loans & other debt instruments.The above has been noted by the Board at its meeting held on 14 May 2015.
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