SRS has informed that Dr. Anil Jindal, Chairman of the Company has requested to make alterations in his remuneration by reducing it from Rs15, 00,000p.m. to Rs 7,50, 000 p.m. for the financial year 2015-16, for the overall benefit of the Company.The Company in its Board Meeting held on April 07, 2015 considered this matter and has reduced the existing remuneration of Dr. Anil Jindal, Chairman of the Company from Rs15, 00.000p.m. to Rs7,50,000 p.m. for the financial year 2015-16 with effect from April 01, 2015.
The above information is a part of company’s filings submitted to BSE.
