Ponni Sugars (Erode) has informed that the Board of Directors at their meeting held today, the 17th September, 2022, have noted the cessation of directorship of L M Ramakrishnan, Vice Chairman and Independent Director of the Company effective from close of 30th September 2022 (end of second term) in accordance with the Special Resolution passed by shareholders through postal ballot on 29.03.2019. The Board of Directors at the above meeting (17.09.2022), on recommendation of the Nomination and Remuneration Committee, have appointed P.Manoharan (DIN: 09706869) as an additional director of the company in the category of Independent director from 01.10.2022 to hold office up to the date of the ensuing Annual General Meeting. The Board has further decided to seek approval of shareholders by postal ballot through remote e-voting for appointment of P.Manoharan as an Independent director of the company, not liable to retire by rotation and to hold office for a fixed term of (5) years from 01.10.2022 to 30.09.2027. The details of P.Manoharan is enclosed as Annex. This information is furnished in deference to Regulation 30 of the Listing Regulations.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| Shree Renuka Sugar | 28.14 |
| Bajaj Hindusthan Sug | 18.80 |
| Triveni Engg. & Inds | 393.00 |
| Balrampur Chini Mill | 486.00 |
| Dalmia Bharat Sugar | 394.05 |
| View more.. | |
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