Wheels India has informed that the Board of Directors of the Company at their meeting held on October 12, 2024 has, considered and approved the undermentioned matters: (i) Appointment of M P Vijay Kumar (DIN: 05170323) as Non-Executive Independent Director of the Company for a term of five years, subject to the approval of shareholders of the Company. Further, a brief profile of director seeking re-appointment, pursuant to SEBI circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, is provided in Annexure - I. (ii) Re-constitution of Audit Committee: The revised composition of Audit Committee effective October 12, 2024 is enclosed. (iii) Designating M Dinesh, Divisional Manager (Accounts) as Senior Management Personnel (‘SMP’) in terms of Regulation 16(1)(d) of the SEBI LODR with effect from October 12, 2024, based on the recommendation of the Nomination and Remuneration Committee (‘NRC’). The details as required under Schedule Ill - Para A of Part A of Regulation 30 of the SEBI LODR read with relevant circulars issued by the SEBI in this regard, is provided in Annexure – II. The meeting of the Board of Directors commenced at 11:15 am and concluded at 12.30 pm.
The above information is a part of company’s filings submitted to BSE.
