Rico Auto Industries has informed that the Board of Directors on recommendation of Nomination and Remuneration Committee of the Company have approved the following in the aforesaid meeting: Yogesh Kapur, Chartered Accountant has been appointed as an Additional Director in the category of Independent Director of the Company for a term of five consecutive years with effect from 26th August, 2023, on the Board of the Company in compliance with the SEBI (LODR) Regulations, 2015, subject to approval of the Shareholders and he has not been debarred from being appointed as Director by any order of SEBI or any other authority. The requisite disclosure as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, is enclosed as Annexure-A. The Board Meeting commenced at 4.00 PM and concluded at 4.10 PM.
The above information is a part of company’s filings submitted to BSE.