Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Bajaj Hindusthan Sugar has informed that the Board of Directors of the Company at its meeting held today March 30, 2024, commenced at 11.30 am and concluded at 11.55 am has, considered and approved the following: 1) Dinesh Kumar Shukla (DIN; 00025409), shall cease to be an Independent Director of the Company upon completion of 2 consecutive terms of 5 years at the closure of business hours on March 31, 2024. The Board of Directors and the Management of the Company expressed deep appreciation and gratitude to Dinesh Kumar Shukla for his extensive contribution and stewardship. 2) On the recommendation of Nomination and Remuneration Committee, the Board considered and approved the appointment of Shyam Sunder Jangid (DIN: 01186353), as an Additional Director designated as an Independent Director with effect from March 30, 2024 to hold office for a term of five consecutive years i.e. from March 30, 2024 up to March 29, 2029 subject to approval of shareholders. 3) In view of the above appointment and completion of tenure of Directorship, the Board approved reconstitution of the following committees with effect from March 30, 2024: a) Audit Committee b) Nomination and Remuneration Committee c) Stakeholders Relationship Committee. The requisite details as required under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July, 2023 in respect of appointment and cessation are enclosed as ‘Annexure -A’.
The above information is a part of company’s filings submitted to BSE.
