Nagarjuna Fertilizer has informed that the Board of Directors at their meeting held today, accorded their approval for the appointment of V V S Ravindra as Nominee Director of IDBI Bank Limited and withdrawal of nomination of Chintapalli Srinivasu from the Board of the company.Payment of remuneration to K S Raju, Chairman (Whole Time Director) as per revised provisions of Companies Act, 2013, Payment of remuneration to K Rahul Raju, Managing Director as per revised provisions of Companies Act, 2013, and to co-opt Hariharan Ramanathan as Member of Audit Committee.
The above information is a part of company’s filings submitted to BSE.
