Foundry Fuel Products has informed that the Board of Directors of the Company at its meeting held on May 29, 2012, has approved reduction in the paid-up Equity share capital of the Company from Rs. 6,07,87,000 (60,78,700 equity shares of Rs.10 each) to Rs. 3,03,93,500 (30,39,350 equity shares of Rs.10 each) in terms of the order passed by BIFR.
Further the board appoints Mr. Adarsh Agarwalla ,Mr. Ruchir Omprakash Jalan , Amarjit Vijh , Sunil Vishwambharan as the additional directors of the Company and accepts the resignation of Mr. Brij Mohan Todi, Mr. Nandan Kumar Agarwalla, Pramod Kumar Agarwalla and Santosh Kumar Kedia the non promoter Director of the Company.
The above information is part of company’s filing submitted to the BSE.
