Smruthi Organics has informed that the Board of Directors of the Company at its meeting held on November 16, 2015, the Board approved postal ballot notice & related matters, to seek approval of members, for waivers of excess remuneration paid to E Purushottam Managing Director for financial years 2010-11, 2011-12 and 2012-13 and to seek waiver permission there for from the Central Government.
The above information is a part of company’s filings submitted to BSE.