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Solix Technologies board appoints new managing director

26 May 2012 Evaluate
Solix Technologies has informed that the Board of Directors of the Company at its meeting held on May 25, 2012,has appointed Veena Gundavelli, Director as Managing Director of the Company on May 25, 2012, subject to the approval of the shareholders of the Company in the ensuing Annual General Meeting and accepted resignation of Mr. Sai Gundavelli from the office of Managing Director of the Company on May 25, 2012. However, Sai Gundavelii will continue to be Director of the Company.
 
Further the board approved change of name of the Company under Section 21 of the Companies Act, 1956, subject to the approval of the Registrar of Companies, Hyderabad and shareholders of the Company in the ensuing Annual General Meeting. The Company will make an application for availability of a new name.
 
The above information is part of company’s filing submitted to the BSE.

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