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Steelco Gujarat informs about board meeting adjournment

28 Feb 2018 Evaluate

In view of the resignation of Mahendra Lodha, Steelco Gujarat has informed that the Independent Director of the Company, effective from 26th February, 2018, the adequate quorum for the Audit Committee for recommendation to the Board, of Unaudited Financial Results for the quarter ended 31st December, 2017, was not available and hence, it was not possible to hold the Audit Committee Meeting. Consequently, in absence of recommendation of the said Unaudited Financial Results by the Audit Committee, the Board Meeting also couldn't be held to consider and approve Unaudited financial results and was adjourned sine die.

The above information is a part of company’s filings submitted to BSE.


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