Shakti Pumps (India) has informed that pursuant to Regulation 30 read with Schedule III Part A Para A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and based on the recommendation of the Nomination & Remuneration Committee of the Company, the Board of Directors at its meeting held today January 18, 2024 has approved the proposal for reappointment of Keyur Bipinchandra Thaker (DIN: 08474827) as an Independent Director of the Company for a second term of 5 years with effect from 10th June, 2024, in accordance with the requirements of the Companies Act, 2013, subject to approval of the members. He is not debarred from holding the office of directors by virtue of any SEBI order or any other such authority. Details as per SEBI Circular no SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 is enclosed as Annexure - I.
The above information is a part of company’s filings submitted to BSE.
