KM Sugar Mills announced that the Board of Directors of the Company at its meeting held on 28 May 2015, inter alia, has transacted the following:
1. Appointment of Madhu Mathur, Additional Director u/s 161;
2. Accepted the resignation submitted by Shruti Modi;
3. Reviewed the performance of the Company for the year ended 31 March 2015 (for 18 months from 01 October 2013 to 31 March 2015);
4. Reviewed Related parties transactions;
5. Accounts of subsidiary Company;
6. Evaluation of performance of the Independent Directors;
7. Appointed Cost Auditors, Secretarial Auditors and Internal Auditors on the recommendation of the Committees for the year 2015-16;
8. Recommended the Appointment of the Statutory Auditors;
9. Discussed the compliance of CPCB direction for Zero Liquid Discharged by the Distilleries;
10. Other various issues.
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