Vijay Textiles has informed that at the meeting of the Board of Directors of the Company held on 26th March,2019 at 11.00 AM, the Board considered and approved the following: Allotment of 21,65,000 Equity Shares to the Promoters by conversion of 21,65,000 Convertible Warrants; Re-appointment of Shri Vijay Kumar Gupta, Chairman and Managing Director for a period of 3 years from 1St April,2019 to 31st March,2022, subject to the approval of the shareholders; Appointment of Shri Pankaj Kumar Trivedi, Chartered Accountant as Director on the Board of Company under the category of Independent—Non-Executive Director and also inrliicting him as a Member of Audit Committee and all other Sub-Committees.
The above information is a part of company’s filings submitted to BSE.
