Ansal Properties & Infrastructure has informed that the meeting of the Board of Directors of the Company which was held on the 07th March, 2024 has been adjourned, due to non-availability of valid quorum. This intimation was informed to the stock exchanges on the 07th March, 2024 itself. As per Regulation 17 of SEBI Listing Regulation, the quorum for every meeting of the board of directors of the top 1000 listed entities with effect from April 1, 2019 and of the top 2000 listed entities with effect from April 1, 2020 shall be one third of its total strength or three directors, whichever is higher, including at least one independent director. Ansal Properties and Infrastructure is a part of top 2000 companies and the total strength of directors as on date is three, therefore, valid quorum is also three directors.
The above information is a part of company’s filings submitted to BSE.