Smruthi Organics has informed that meetings of the Nomination and Remuneration Committee and of the Board of Directors of the Company are proposed to be held on November 16, 2015, to consider and approve the waiver of excess managerial remuneration paid and also to seek approval of members through Postal Ballot for waiver of excess remuneration paid to E. Purushotham, Managing Director for financial years 2010-2011, 2011-12 and 2012-13.
The above information is a part of company’s filings submitted to BSE.