Wardwizard Innovations & Mobility has informed that the Board of Directors of the Company at its meeting held today, Monday, 28th August, 2023 has transacted and approved following matters, Accepted the Waiver/forgoing of the right to receive the final dividend of Re 0.10 (Ten paise Only) per equity shares @ 10 % at par value of Re 1 each fully paid-up for the financial year 2022-2023, which received from Promoter(s) and Promoter group(s) for holding of 18,36,70,000 Fully paid up Equity shares of the company, as informed in the prescribed form pursuant to dividend policy formulated for the purpose of enabling the members/shareholders to waive/forgo the dividend, whether interim or final, to be declared by the Shareholders of the Company; Appointment of Lt General Jai Singh Nain (Retd) (DIN: 10289738) as an ‘Additional Director’ in the category of ‘Non-Executive Independent of the Company, on the recommendation of Nomination and Remuneration Committee, with effect from 28th August, 2023 to hold office up to the ensuing general meeting, subject to necessary approvals of the Shareholders of the Company. In accordance to the verification made by the Company and its Nomination and Remuneration Committee (NRC), the aforesaid Director is not debarred from holding of office of Directors pursuant to any order of Securities Exchange Board of India (Brief Profile Attached). Details with respect to Regulation 30 read with Schedule Ill of the Listing Regulations, SEBI Circular CIR/CFD/CMD/4/2015 dated 9th September 2015 are enclosed as Annexure I.
The above information is a part of company’s filings submitted to BSE.
