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Hester Biosciences Ltd — Board/Management Information 2020
Apr 29, 2020
62222_rns_2020-04-29_eadc8aec-ce59-43d6-9a73-c61525a46548.pdf
Board/Management Information
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29 April 2020
To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra - Kurla Complex, Mumbai - 400 001 Bandra (E), Mumbai - 400 051 Scrip Code: 524669 Symbol: HESTERBIO
Respected Sir / Madam,
Subject: Outcome of Meeting of Board of Directors held today Start Time: 9:30 am Conclusion Time: 10:20 am
Pursuant to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that Board of Directors, have approved the followings:
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Approved the Resignation of Mr. Sahil Shah from the post of Chief Financial Officer (KMP) of the Company with effect from 29 April 2020.
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Approved the Appointment of Mr. Chetas Patel as a Chief Financial Officer (KMP) of the Company with effect from 29 April 2020.
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The board endorses the company’s plan to work on the development of human vaccines, beginning with work on COVID-19 disease vaccine.
The details required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, are mentioned as below:
| Sr. | Particulars | Details |
|---|---|---|
| 1 | Name of Key ManagerialPersonnel | Mr. Chetas Patel |
| 2 | Reason for change viz.appointment orresignation | Appointment |
| 3 | Date of appointment /& Term of appointment; | With effect from 29 April 2020, Appointment as a Chief FinancialOfficer (Key Managerial Personnel) |
| 4 | Brief profile(in case of appointment) | Chetas Patel is a qualified Chartered Accountant. He joined Hester inJuly 2014 as Manager Accounts. Besides having the accounting andfinancial knowledge, he is familiar with Hester’s work culture. Forsmooth functioning as well as going as per our philosophy, a personpromoted internally would be best suited in this position.While at Hester in the last six years, he has worked in many areasand derived vast experience in Accounting, Taxation, Budgeting &Analyses, MIS, Payroll and Financial functions. |
You are requested to take the above information on your record.
Sincerely, For Hester Biosciences Limited
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Rajiv Gandhi CEO & Managing Director DIN: 00438037