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Sai Capital informs about re-appointment of chairman cum MD

10 Aug 2020 Evaluate

In compliance with Regulation 30 of the SEBI Listing Regulations and based on the recommendations of the Nomination & Remuneration Committee, Sai Capital has informed that the Board of Directors at their meeting held today, August 10, 2020 have re-appointed Niraj Kumar Singh (DIN: 00233396) as Chairman and Managing Director (MD) of the Company for a further period of 3 consecutive years with effect from August 14, 2020 subject to the approval of shareholders at the ensuing Annual General Meeting of the Company. Further, in compliance with circular no. LIST/COMP/14/2018-19 issued by the stock exchange, the company has confirmed that Niraj Kumar Singh has not been debarred from holding the office of Director by virtue of any SEBI order or any other authority. Pursuant to SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015, his brief profile is enclosed.

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

Sai Capital Share Price

152.95 1.10 (0.72%)
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