Shekhawati Poly Yarn has informed that the Board of Directors of the Company at its meeting held on May 26, 2016, has considered and approved the Re-appointment of N. Ritesh & Associates as a Cost Auditor for F.Y. 2016-2017; Approved the Re-appointment of D. Y. & Associates as an Internal Auditor for F.Y. 2016-2017; and the Board has not allotted equity shares pursuant to conversion of warrants and postponed the same till further notice subject to the terms & conditions of issue of warrants.
The above information is a part of company’s filings submitted to BSE.