Laxmi Organic Industries has informed that the Company is seeking approval of Members of the Company for the following matters by way of postal ballot through electronic voting only ('remote e-voting'): Approval for the Appointment of Rajan Venkatesh (DIN: 10057058) as Managing Director and Chief Executive Officer; To approve change in designation of Ravi Goenka (DIN: 00059267) as Whole-time Director; To consider and approve the raising of funds through issuance of equity shares or debt through any mode; To authorise the Company to borrow in excess of limit specified u/s 180(1)(c); To authorise the Company to create charge/mortgage on the movable and immovable assets of the Company, both present and future u/s 180(1)(a). Also enclosed a copy of the Postal Ballot Notice together with the Explanatory Statement and Calendar of Events for your record. The notice is also available on the Company's website at www.laxmi.com.
The above information is a part of company’s filings submitted to BSE.
