Suprajit Engineering has informed that it enclosed Notice of Postal Ballot along with the explanatory statement seeking approval of the Members of the Company for Re-Appointment of K. Ajith Kumar Rai (DIN: 01160327) as Executive Chairman of the Company; To pay remuneration in excess of Rs. 5 Crores or 2.5 % of the net profit, whichever is more to K Ajith Kumar Rai, Executive Chairman of the Company; Re-Appointment of Mohan Srinivasan Nagamangala (DIN: 01916468) as Managing Director and Group CEO.
The above information is a part of company’s filings submitted to BSE.
