Mahavir Industries has informed that a meeting of the Board of Directors of the Company will be held on May 18, 2016, to consider and appoint Independent Director on Board of the Company. Further, the ‘Trading window’ (dealing in shares of Mahavir Industries) shall remain closed for specified persons from May 14, 2016 to May 20, 2016 in view of Board Meeting scheduled to be held on May 18, 2016, to consider and approve the appointment of Independent Director on the Board on the Company and any other matter if any, pursuant to the Company’s Code of Conduct to regulate, monitor and report trading by insiders, adopted by the Board pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015.
The above information is a part of company’s filings submitted to BSE.