Baid Leasing & Finance Company has informed that the board of directors of the company at its meeting held on May 19, has discussed and approved recommendation relating to the re-appointment of Binod Choraria who is liable to retire by rotation at the annual general meeting.
Further the board recommended the re-appointment of Sharma Naresh & Associates, statutory auditors of the company to hold office from the conclusion of ensuing annual general meeting till the next annual general meeting of the company, as per the recommendations made by the audit committee and fixation of their audit fees, subject to approval of shareholders in the ensuing annual general meeting.
The above information is part of company’s filing submitted to the BSE.