Prajay Engineers Syndicate has informed that the Board of Directors of the Company at its meeting held on June 14, 2016, has appointed Padmaja Kota, who fulfils the criteria mentioned under Section 149 of the Companies Act, 2013 and the rules made there under and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as an Additional (Independent) Director on the board of the Company. Further inform that Vedantham Padma, Independent Woman Director, vide letter dated June 14, 2016, has tendered her resignation to the office of Directorship on the board of the Company, effective from July 01, 2016.
The above information is a part of company’s filings submitted to BSE.
