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LN Industries India informs about outcome of committee meeting

06 May 2023 Evaluate
Pursuant to Regulation 30 (2) read with schedule Ill of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, LN Industries India has informed that the Monitoring Committee in their meeting held on Monday, 01st May, 2023 has taken on record the following: Appointed the following persons as directors on the Board of the Company: Ashok Kumar Buddharaju (DIN:- 03389822), Director and Non-Executive; Anitha Alokam, (DIN:- 07309591), Director and Non-Executive. Further the Committee has taken on record the deemed resignation of the following existing directors of the Company pursuant to the orders of the NCLT dated 24th March, 2023: Garlapati Laxma Reddy- Managing Director; Shailesh Shivram Mistry- Director; Sneha Rupesh Talreja- Director; Kumar Reddy Madhu Lattupalli- Director. The details required under Regulation 30 of the Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/20 15 dated 9th September, 2015 is given in the enclosed Annexures. The Committee Meeting commenced at 5.30 PM and concluded at 6.45 PM.

The above information is a part of company’s filings submitted to BSE.

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