AI assistant
Prakash Industries Ltd. Board/Management Information 2021
61790_rns_2021-12-21_2517db9a-2c0f-41a6-a971-e28946d5a36f.pdf
Board/Management Information
Open in viewerOpens in your device viewer
Prakash Industries Limited
Srivan, Bijwasan, New Delhi -110061 CIN: L27109HR1980PLC010724 Tel.: 25305800, 28062115 Fax: 91-11-28062119 E-mail : [email protected] Website : www.prakash.com
PIL/SE/2021
21 st December, 2021
Listing Department BSE Ltd. Phiroze Jeejeebhoy Towers Dalal Street
Listing Department National Stock Exchange of India Ltd Exchange Plaza, 5th Floor, Plot No. C/1 G Block, Bandra-Kurla Complex, Mumbai - 400001 Sandra (E), Mumbai - 400051
Company Code : 506022 Company Symbol : PRAKASH
Sub : Appointment of Shri M. L. Pareek as an Additional Director and Whole-time Director of the Company
Dear Sir I Madam,
Pursuant to provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board Of Directors of the Company at its meeting held on 21st December 2021 has appointed Shri M. L. Pareek as an Additional Director and Whole-time Director of the Company w.e.f. 21st December 2021 for a period of three years. The appointment of Shri M. L. Pareek shall be subject to approval of shareholders of the Company.
The details required under regulation 30 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated gth September 2015 is enclosed herewith as Annexure-1
Thanking you,
Yours faithfully, For Prakash Industries Limited
-AJS h ~ N' ~m C¥¥
Ashwini Kumar Company Secretary
Encls : as above
Prakash Industries Limited
Srivan, Bijwasan, New Delhi -110061 CIN: L27109HR1980PLC010724 Tel. : 25305800, 28062115 Fax : 91-11-28062119 E-mail : [email protected] Website : www.prakash.com
Annexure-1
Disclosure pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 relating to appointment of Shri M. L. Pareek as an Additional Director and Whole-time Director:
| S. No. | Disclosure requirement | Details |
|---|---|---|
| 1. | Reason for change | Shri M. L. Pareek has been appointed as an Additional Director and Whole time Director of the Company in view of his vast experience in installation, comm1ss1oning and execution of various projects related to Integrated steel plant of the Company. |
| 2. | Date of appointment Terms of appointment |
Appointed as an Additional Director and Whole-time Director of the Company w.e.f. 21st December, 2021 for a period of three years subject to approval of shareholders of the Company Three (3) years with effect from 21st December, 2021 to hold office upto 20th December, 2024 |
| 3. | Brief Profile | Shri M. L. Pareek is an experienced technocrat and had been associated earlier with the Company as Whole time Director and CEO of the Company. He is conversant with all the facets of ---- the working of the Company. |
| 4. | of Disclosure relationships between directors (in case of appointment of a Director) |
Shri M. L. Pareek does not have any relationship financial or otherwise with Board of Directors of the Company |
* * * * *
Regd. Office: 15 km Stone, Delhi Road, Hissar - 125044