Raj Rayon Industries has informed that Board of Directors of the Company at its meeting held on October 19, 2021 has took note of NCLT order approving the Resolution Plan; Took note of reconstitution of Board pursuant to the NCLT Order Clause No. 5 (VII) by Insolvency Professional, Abhishek; Took note of reconstitution of Committees pursuant to the NCLT Order Clause No. 5 (VII) by Insolvency Professional, Abhishek Nagori; Took note of Appointment of CFO and CS; Resolved to amend Memorandum of Association (MOA) to give effect of Companies Act, 2013 and reclassify the Authorised Capital of the Company for execution of resolution plan; Authorized Sandiip Agarwwal CFO to represent the Company in all corporate and day to day administrative matters. Board Meeting commenced at 5.00 pm and concluded at 7.45 pm.
The above information is a part of company’s filings submitted to BSE.
