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Sanwaria Consumer informs about outcome of board meeting

24 Nov 2018 Evaluate

Sanwaria Consumer has informed that the Board of Directors of the company in their meeting held on Friday, 23rd November, 2018, commenced at 02.00 PM and concluded on 04.40 PM at the registered office of the company, considered and approved Limited Review Report for the quarter and six months ended on September 30, 2018 (Enclosed herewith and marked as ‘Annexure-01’). It is further clarified that due to delay in issue of Limited Review Reports, SPJV & Co., Chartered Accountant has been appointed as the Statutory Auditor of the company on November 21, 2018 subject to approval of shareholder at ensuing General Meeting, in place of previous auditor Khandelwal Kakani & Co., who had resigned, with effect from October 26, 2018. Pursuant to the receipt of recommendation from Nomination and Remuneration Committee, Board has considered and approved the recommendation of Committee and appointed Amitendra Shrivastava (DIN:08284331) as Non- Executive Independent Director with effect from November 23, 2018, having about 30 years experience in IT, Telecommunication, Automation and Power Consulting, who in opinion of Board of Directors, possess relevant proficiency, experience and qualification, which will result into broaden the existing Board Composition and appointed in place of Abhishek Agrawal, who has offered his resignation on November 22, 2018.

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

Sanwaria Consumer Share Price

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