Uniply Industries has informed that the meeting of the Directors of the Company held on June 10, 2015, to take on record the change in management affairs of the company subsequent to the completion of Open Offer formalities under SEBI (SAST) Regulations 2011. Accordingly B. L. Bengani, outgoing promoter, has resigned from the post of Chairman and Managing Director with effect from June 10, 2015. Keshav Kantamneni, incoming promoter, has been inducted as an Additional Director of the company with effect from June 10, 2015. Further, said Keshav Kantamneni has been appointed as Managing Director of the Company with effect from June 10, 2015. However his appointment and its term are subject to approval of Shareholders in their ensuing General Meeting.
The above information is a part of company’s filings submitted to BSE.
