Pneumatic Holdings has informed that the Board of Directors of Kirloskar Pneumatic Company Limited (KPCL), a listed material subsidiary of the Company, in their meeting held on July 22, 2016, have approved the appointment of Krishnamurthi Venkataramanan as an Additional Director of KPCL (considered as Independent Director as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015) as per Section 161 of the Companies Act, 2013 with effect from July 23, 2016 and he shall hold office up to the next Annual General Meeting.
The above information is a part of company’s filings submitted to BSE.
