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Kunststoffe Industries informs about outcome of board meeting

29 Jun 2020 Evaluate

Kunststoffe Industries has informed that the Board of Directors of the Company has considered the Standalone Audited Financial Results along with Audit Report and declaration for the 4th quarter and year ended 31st March, 2020. The Board has considered Share Capital Audit Report, Reports of various committees, Investors complaints and other reports. Further, the Annual Secretarial Compliance Report under Regulation 24A is not applicable to the Company as paid up Equity Share Capital not exceeding Rupees 10 Crores and net worth not exceeding Rupees 25 Crore as on 31st March, 2020 as specified under Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Board noted the same. Disclosure of Interest received from all Directors has been taken on record by the board. The Board has appointed Atul Dedhia & Associates as Internal Auditors for the Financial Year 2020-21. The Board has appointed  K. Pratik & Associates, Practicing Company Secretary as Secretarial Auditor.

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


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