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Hathway Cable & Datacom Limited — Board/Management Information 2019
Sep 3, 2019
62729_rns_2019-09-03_404be3f3-1b43-4243-8f39-afe091d0441d.pdf
Board/Management Information
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Date: September 03, 2019
| To, | To, |
|---|---|
| BSE Limited | National Stock Exchange of India Limited |
| The Corporate Relationship Department, | Listing Department |
| P J Towers, Dalal Street, | "Exchange Plaza" |
| Mumbai - 400001 | Sandra Kurla Complex |
| BSE Security Code: 533162 | Sandra (E), Mumbai - 400051 |
| NSE Trading Symbol: HATHWAY |
Subject: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir/Madam,
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, intimation is hereby given that Shri. A. Siddharth (DIN: 00016278), an Additional Director designated as an Independent Director of the Company, has demitted his office as a Director of the Company effective from September 03, 2019.
Shri. A. Siddharth was associated as a partner with Deloitte, Haskins & Sells ("Deloitte"), which was also the statutory auditors of Reliance Industries Limited ("RIL") upto the financial year ended March 31, 2017. He further stated that although, the Company (Hathway Cable and Datacom Limited) is not a subsidiary of RIL under the Companies Act, 2013 (the "Act"), the financials of the Company are consolidated with RIL in accordance with the provisions of Section 129(3) of the Act read with applicable accounting standards. Though this does not impact his status of being an Independent Director on the board of the Company, in his opinion, it was prudent for him to step down from his position of independent director keeping in view good corporate governance.
Shri. A. Siddharth has confirmed that there is no other material reason for demitting his office as an Independent Director of the Company.
Kindly take the aforesaid on record.
FOR HATHWAY CABLE AND DATACOM LIMITED
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Head Corporate Legal, Campany Secretary and Chief Compliance Officer FCS:5189
Hathway Cable and Datacom Limited
805/806, "Windsor", Off C.S.T. Road, Kalina, Santacruz (E), Mumbai - 400 098. Tel:+ 91 022 67742500 Fax: + 91 022 67742400 Regd. Off.: "Rahejas", 4th Floor, Corner of Main Avenue & V.P. Road, Santacruz (W), Mumbai - 400 054. Tel:+ 91 022 26001306 Fax: + 91 022 26001307 Email : [email protected] Website : www.hathway.com CIN No. L64204MH1959PLC011421