Corporate News     29-Sep-15
B.L.Kashyap and Sons announces appointment of nominee director
At meeting held on 29 September 2015
B.L.Kashyap and Sons announced that in accordance with the Corporate Debt Restructuring (CDR) Package and the Letter of Approval (LoA) issued by CDR Empowered Group, the CDR Lenders are entitled to retain /appoint Nominee on the Board of the B.L. Kashyap and Sons limited. Accordingly, State Bank of India (SBI) the Monitoring Institution has nominated Rajeev Kumar Seth, Ex CGM of SBI as its nominee.

The Board of Directors, at its meeting held on 29 September 2015, has considered and appointed Rajeev Kumar Seth as a Nominee Director.

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