|
The Board of Divis Laboratories at its meeting held on 27 June 2017 transacted the following -
Noted the completion of tenure of S. Sridevi as an Independent Director of the company w.e.f. 22 June 2017 and hence she ceases to be a director of the company.
Appointed Dr. Ramesh B. V. Nimmagadda as an Additional (Independent) Director w.e.f. 27 June 2017.
Appointed Nilima Motaparti, as an Additional (Whole-time) Director w.e.f. 27 June 2017, who was earlier appointed by the members as Chief Controller (Commercial) in the year 2012.
Noted that the term of the present Statutory Auditors M/s. PVRK Nageswara Rao & Co., expires at the conclusion of the ensuing 27th Annual General Meeting of the company
Recommended appointment of M/s. Price Waterhouse, Chartered Accountants, as Statutory Auditors of the company for a term of 5 consecutive years from the conclusion of the 27th Annual General Meeting of the Company scheduled to be held in the year 2017 till the conclusion of 32nd Annual General Meeting, for approval of the members of the company.
|