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Baroda Rayon Corporation informs about change in directorate

14 Aug 2024 Evaluate
Pursuant to Regulation 30 of the SEBI Listing Regulations, Baroda Rayon Corporation has informed that based on the recommendations of the Nomination and Remuneration Committee, the Board of Directors of the Company has, on 14th August, 2024, appointed Chimanlal Nagjibhai Patel (DIN - 00075944), Zaverilal Mavjibhai Ramani (DIN -10729483) and Rameshbhai Valjibhai Patel (DIN - 02695200) as Additional Directors (Non-Executive, Independent) of the Company, for a term of 5 (five) years i.e. from 14th August, 2024 to 13th August, 2029, subject to approval of the shareholders to be obtained within three months hereof. The required details pursuant to SEBI Listing Regulations are annexed herewith as Annexure - I. They hereby confirmed that Chimanlal Nagjibhai Patel (DIN - 00075944), Zaverilal Mavjibhai Ramani (DIN -10729483) and Rameshbhai Valjibhai Patel (DIN - 02695200) satisfies the criteria of independence prescribed under the Companies Act, 2013 and SEBI Listing Regulations and that they are not debarred from holding the office of Director by virtue of any order passed by SEBI or any other such authority. The composition of the Board of Directors of the Company is in compliance with the requirements prescribed under the Companies Act, 2013 and SEBI Listing Regulations. This information will also be available on the website of the Company at www.brcl.in. The meeting commenced at 12:30 pm and concluded at 02:25 pm.

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

Baroda Rayon Share Price

113.00 3.65 (3.34%)
16-Apr-2026 16:59 View Price Chart
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