Kranti Industries has informed that the Board of Directors of the Company has at their meeting held on Monday, June 06, 2022 transacted following key business items: The Board approved the sanction letter received from the banker and also authorized Board of Directors to avail credit facility from the banker including authority to execute, sign and submit necessary agreements with other related documents thereto, as and when required. After considering the recommendations of NRC, the Board of Directors of the Company has appointed Shanu Bhandari as a Company Secretary and Compliance Officer of the Company with immediate effect from June 01, 2022. Approved the proposed changes in updating the materiality policy of the Company. Meeting of the Board of Directors commenced at 10.00 AM and concluded at 12:00 PM.
The above information is a part of company’s filings submitted to BSE.
