Cybermate Infotek has informed that a meeting of the Board of Directors of the Company will be held on March 07, 2016, to accept resignation of Shankar Khasnis, Independent Director of the Company, to appoint Sai Roop kumar Vegunta as an additional director, to increase authorised Share Capital of the Company, to increase the borrowing powers of the Company, to increase the limit for investment in company by Foreign Institutional Investors (FIIs) up to 100%, to convene an Extraordinary General Meeting and fix a date for the EGM seeking members approval, and to appoint scrutinizer to conduct the proceedings of the Extra-ordinary General Meeting.
The above information is a part of company’s filings submitted to BSE.
