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OTCO International informs about board meeting

23 Oct 2015 Evaluate

OTCO International has informed that a meeting of the Board of Directors of the Company will be held on October 28, 2015, to consider the resignation of Shaine Sunny Mundaplakkal as Independent director of the Company, to consider appointment of Shaine Sunny Mundaplakkal as Additional Director of the Company and hold office till the conclusion of the ensuing Annual General Meeting, to consider the resignation of Collin Richard Timms as Director of the Company, to consider the change in the location of Registered Office of the Company, to consider the transfer of shares to the acquirer Pradeep Kumar Panda (Acquirer) pursuant to the post completion of open offer, to consider draft notice to shareholders of the Company seeking their consent for re classification of Promoters consequent upon acquisition of shares by Pradeep Kumar Panda from existing promoters and public in terms of his open offer and to comply with regulations 31(A) of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015; and amendments of Articles of Association, and Memorandum of Association, to consider appointment of SNM & Associates, Practicing Company Secretaries, as Scrutinizer for conducting the Postal Ballot process in a fair and transparent manner, and to consider reconstitution of various sub committees of the Board consequent upon change in the Directorship.

The above information is a part of company’s filings submitted to BSE.

Otco International Share Price

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