Rapid Investments has informed that the Independent directors of the Company at their separate meeting of held on March 17, 2016, has approved and reviewed the performance of non-independent directors and the Board as a whole; reviewed the performance of the Chairperson of the Company; and assessed the quality, quantity and timelines of flow of information between the Company management and the Board that is necessary for the Board to effectively and reasonable perform their duties.
The above information is a part of company’s filings submitted to BSE.