Updates from the company posted on BSE:
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Resignation of Mr. Srinivasan Sethuraman from the Board of the Directors as well as from the position of Managing Director of the company w.e.f 14.08.2019. The Board would like to thank Mr. Srinivasan for his contributions to the Company during his tenure.
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Resignation of Mr. B.V.M Sarma from the Board of the Directors as well as from the position of Joint Managing Director of the company w.e.f 14.08.2019. The Board would like to thank Mr. Sarma for his contributions to the Company during his tenure.
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Resignation of the Statutory Auditor of the Company M/s. Lily & Geetha Associates, Chartered Accountants, Chennai from the Office of the Statutory Auditors w.e.f. 14.08.2019. The Board would like to thank M/s. Lily & Geetha Associates, Chartered Accountants, Chennai for their support to the Company during their tenure.
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The Board of Directors of the Company in their meeting held on today has appointment of M/s. N.D. Kapur & Co., Chartered Accountants, New Delhi as the Statutory Auditors of the Company w.e.f. 14.08.2019, in place of M/s. Lily & Geetha Associates, Chartered Accountants, Chennai. Their appointment is subject to the approval of the Shareholders in the ensuing General Meeting and in compliance with the applicable laws.