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IGC Industries informs about outcome of board meeting

26 Mar 2024 Evaluate
IGC Industries has informed that the meeting of the Board of Directors of IGC Industries held today, Tuesday, 26th March, 2024 at the registered office of the Company situated at Imax Lohia Square, Office No. 4B, 4th Floor, Premises No.23, Gangadhar Babu Lane, Kolkata, West Bengal700012, India inter-alia has considered and approved the following business: Salman Mahibub Sayyad (DIN: 09837263) has been officially appointed as the Managing Director of the company; The appointment of a new Chief Financial Officer (CFO) is still pending and needs to be finalized according to the company's requirements. The board is likely in the process of selecting a suitable candidate for this role; The resignations of Managing Directors Prachi Rajesh Marwah and the CFO have been accepted by the board of directors. This indicates their departure from their respective positions within the company; The board of directors has not yet finalized the decision regarding the swapping of shares and the issuance of equity shares through preferential issue. Further, it enclosed the following: Detailed information as required under Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFDPoD-1/P/CIR/2023/123 dated July 13, 2023 in respect of aforesaid is given in Annexure I. 

The above information is a part of company’s filings submitted to BSE.


IGC Industries Share Price

2.33 -0.07 (-2.92%)
08-May-2026 16:59 View Price Chart
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