Rainbow Children's Medicare has informed that upon recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company in their meeting held today, October 30, 2023, approved the Re-appointment of Aluri Srinivasa Rao (DIN: 00147058) as an Independent Director for another term of 5 consecutive years, commencing from March 15, 2024, subject to approval of the shareholders through postal ballot process. Further, Rao has confirmed that he is not debarred from holding the office of director by virtue of any Order of SEBI or any other authority. The requisite disclosures as per Regulation 30 of Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, is enclosed as ‘Annexure -A’ to this letter. The Board Meeting commenced at 2:30 PM and concluded at 4:50 PM.
The above information is a part of company’s filings submitted to BSE.
