Shalimar Paints has informed that the Board of Directors of the Company at their meeting held today, May 11, 2021, has considered and approved the following matter: Based on the recommendation of Nomination and Remuneration Committee and subject to the approval of the shareholders of the Company at the ensuing Annual General Meeting, appointment of Rajeev Uberoi, as an Additional Director (Non-Executive Independent) of the Company for a term of 3 consecutive years with effect from May 11, 2021. Rajeev Uberoi is not debarred from holding the office of Director by virtue of any order of Securities and Exchange Board of India or any other such authority. Detailed disclosure(s) as required under SEBI Circular dated SEBI Circular No. CIR/CFD/CMD/4/2015 9th September, 2015 with regard aforesaid matter is separately enclosed as Annexure A. The meeting commenced today at 12:00 Noon and concluded at 1:00 pm.
The above information is a part of company’s filings submitted to BSE.
