HS India has informed that Ramesh Bansal has been continued as Managing Director of the Company as exceeding his age of 70 years for his remaining period (i.e. upto 31.07.2022) and increased in Remuneration from Rs 1,20,000 to Rs. 1,50,000 with effective from 01.10.2019 in the 30th Annual General Meeting held on 10th September, 2019.
The above information is a part of company’s filings submitted to BSE.