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East West Holdings informs about outcome of board meeting

19 Jun 2023 Evaluate
East West Holdings has informed that the Board of Directors of the Company at its meeting held today 19th June, 2023 considered and approved the following: Based on the recommendation of Nomination and Remuneration Committee and subject to the approval of the Members of the Company, have approved the continuation of Shafi Mohammad (DIN: 00198984) as Chairman and Executive Director of the Company on attaining the age of 70 years, for the remaining period of his term of 5 years i.e. until 22/05/2028; Considered and approved the Postal Ballot notice along with explanatory statement thereto seeking consent of Members of the Company in accordance with the provisions of Section 110 of the Companies Act, 2013 read with Rule 20 and Rule 22 of the Companies [Management and Administration) Rules, 2014;Considered and approved the appointment of Naveen Karn & Co. Practicing Company Secretaries as the Scrutinizer for scrutinizing the Postal Ballot E-voting process in a fair and transparent manner in accordance with the provisions of the Companies Act, 2013 read with the Companies (Management and Administration Rules, 2014 and other Rules made thereunder. The Board meeting commenced at 3:00 pm (IST) and concluded at 3:30 pm. (IST).

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

East West Freight Share Price

2.99 -0.07 (-2.29%)
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