Bilcare has informed that the Board of Directors at their meeting duly held on 14th December, 2018 considered various options of augmenting resources to enable the Company to improve its capital structure and strengthen its operations. The Board also approved convening of Extraordinary General Meeting of Members of the Company to seek enabling approvals under Section 180(1)(a) of the Companies Act, 2013 and Regulation 24 of the SEBI (LODR), Regulations 2015. Moreover Board on the recommendation of Nomination & Remuneration Committee, has approved appointment of Sudhir Narsinha Pendse (DIN 07047676) as an Additional and Non-Executive Independent director of the Company with effect from 14th December, 2018.
The above information is a part of company's filings submitted to BSE.
| Company Name | CMP |
|---|---|
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