Zuari Agro Chemicals informs about board meeting outcome

Zuari Agro Chemicals Ltd. | Fertilizers | Chemicals & Fertilizers | BSE: 534742 | NSE: ZUARI

25 May 2024 Evaluate

Zuari Agro Chemicals has informed that the Board of Directors at its meeting held today, i.e. 25th May, 2024, has considered and approved the following: a. Audited Standalone and Consolidated Financial Results of the Company for the quarter and year ended 31st March, 2024. A copy of the Audited Standalone and Consolidated Financial Results for the quarter and year ended 31st March, 2024 is enclosed as Annexure- A. In terms of Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Statutory Auditors of the Company have issued an unmodified audit report on the Standalone & Consolidated financial results of the Company for the year ended 31st March, 2024. b. Re-appointment of Reena Suraiya (DIN: 01824778), as a Non-Executive and Independent Director of the Company to hold office for a second term of 3 years from 24th June, 2024 to 23rd June, 2027 and continuation of her directorship after attaining the age of 75 years during her aforesaid tenure as an independent Director of the Company, which shall be subject to the approval of the members. In compliance with SEBI Letter dated 14th June, 2018 read along with NSE Circular No. NSE/CMU2018/24 dated 20th June, 2018 and BSE Circular dated LIST/COMP/14/2018-19 dated 20th June, 2018, Reena Suraiya has not been debarred from holding the office of Director by virtue of any SEBI Order or any other Authority. The details required under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No SEBI/HO/CFD/CFDPoD-1/P/CIR/2023/123 dated 13th July, 2023, are given in Annexure B. c. Extension of period for repayment of Inter Corporate Deposits (ICDs) availed by the Company from its related parties i.e. Zuari Industries amounting to Rs 128.50 Crore for a further period of 1 year from their respective maturity dates. The Meeting commenced at 8.30 AM (1ST) and concluded at 11.25 AM (IST). The above announcement is also being made available on the website of the Company at www.zuari.in.

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

Zuari Agro Chemicals Share Price

236.80 -5.40 (-2.23%)

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