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Cravatex Ltd. — Board/Management Information 2022
May 30, 2022
63129_rns_2022-05-30_bf15168b-34ab-4291-bf34-1dfc2f48ec63.pdf
Board/Management Information
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Registered Office : Ground Floor (East Wing), Forbes Building, Charanjit Rai Marg, Fort, Mumbai – 400 001 CIN L93010MH1951PLC008546 Telephone No. : +91 22 6666 7474 Email : [email protected] Website : www.cravatex.com
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30[th] May, 2022
BSE Limited Department of Corporate Services (DCS-Listing) Phiroze Jeejeebhoy Towers Dalal Street Mumbai – 400 001
Company Code: 509472
Dear Sirs,
Sub : Re-appointment of Mr. Rajesh Batra as the Managing Director
Ref : Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
We wish to inform you that the Board of Directors of the Company at their meeting held today, which started at 5.30 p.m. and concluded at 7.55 p.m., have approved the re-appointment of Mr. Rajesh Batra (DIN 00020764) as the Managing Director of the Company, for a period of three years with effect from 1[st] June, 2022, subject to approval of the Members at the 70[th] Annual General Meeting to be held in 2022.
The disclosure pursuant to Regulation 30 of the SEBI LODR read with Para A(7) of Part A of Schedule III and SEBI Circular CIR/CFD/CMD/4/2015 dated 9[th] September 2015 is as follows:
| Sr. No. |
Particulars | Remarks |
|---|---|---|
| 1 | Name of the Director | Mr. Rajesh Batra (DIN : 00020764) |
| 2 | Reason for Change | Re-appointment as Managing Director |
| 3 | Date of Appointment & Term |
For a period of 3 years from 1stJune, 2022 upto 31stMay, 2025. |
| 4 | Brief Profile | Mr. Rajesh Batra, 67 years of age, completed his schooling from Campion School, Mumbai and graduated from Elphinstone College, in 1975. He then obtained a Diploma in Systems Management from Jamnalal Bajaj Institute in 1978. Mr. Batra is a second generation entrepreneur and son of Ram Batra a leading businessman and a former sheriff of Mumbai. Mr. Batra is presently the Chairman of Cravatex Limited and its subsidiary Cravatex Brands Limited. The companies deals in licensing, distribution and retail apparel, footwear and accessories. They have partnerships with leading international brands besides owning some of their ownbrands. |
Digitally signed by SUDHANSHU NAMDEO DN: c=IN, o=Personal, SUDHANSH 2.5.4.20=925a3182dfaeb944aef04c218275696ed8797edcd95692041189f0d7dbd75ba8, postalCode=410218, st=Maharashtra, serialNumber=ed5747e3e6b898fec2d22186189 0d0b5acbfee35124932f1bd649a2993918105, U NAMDEO cn=SUDHANSHU NAMDEO Date: 2022.05.30 20:35:58 +05'30'
Registered Office : Ground Floor (East Wing), Forbes Building, Charanjit Rai Marg, Fort, Mumbai – 400 001 CIN L93010MH1951PLC008546
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Telephone No. : +91 22 6666 7474 Email : [email protected] Website : www.cravatex.com
| Mr. Batra serves as an Independent Director on the board of three Listed Companies. He is also a trustee on several charitable trusts and promotes sport through the Ram Batra Memorial Foundation. |
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|---|---|---|
| 4 | Disclosure of relationships between Directors |
Except Mr. Rohan Batra, Director, who is son of Mr. Rajesh Batra, none of the other Directors of the Company are related to Mr. Rajesh Batra. |
Please take the above information on record.
Thanking You, For Cravatex Limited,
Digitally signed by SUDHANSHU NAMDEO DN: c=IN, o=Personal, SUDHANSH 2.5.4.20=925a3182dfaeb944aef04c218275696ed8797edcd95692041189f0d7dbd75ba8, postalCode=410218, st=Maharashtra, serialNumber=ed5747e3e6b898fec2d221861 U NAMDEO 890d0b5acbfee35124932f1bd649a2993918105, cn=SUDHANSHU NAMDEO Date: 2022.05.30 20:36:54 +05'30' Sudhanshu Namdeo Company Secretary