Kay Power and Paper has informed that the Board of Directors of the Company had co-opted Smita Yogesh Phadke and Kaustubh Narayan Wadikar as a qualified and independent Directors of the Company in their meeting held on December 28, 2013 and re-constituted the Audit Committee with induction of Smita Yogesh Phadke and Kaustubh Narayan Wadikar to comply with Clause 49 of the Listing Agreement.
The above information is a part of company’s filings submitted to BSE.