Commitment Capital Services Ltd has informed that the Board of Directors of the Company at its meeting held on April 18, 2008, inter alia, has carried out following important business:
1. Certificate from the Chartered Capital and Investment Ltd, The Manager to the Open Offer
The Certificate issued by the Manager to the Open Offer, The Chartered Capital and Investment Ltd dated April 18, 2008 Certifying Completion of all the Compliances regarding the Open Offer to the shareholders of the Company by Acquirers Mr. PVV Satyanarayna, M/s. Srecko Indhan Ltd and M/s. Nandanvan Commercial (P) Ltd in accordance and in Compliance with Substantial acquisition of shares and voting rights as required by Regulation 10 & 12 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers), Regulations 1997 [(SEBI) Regulations, 1997] has been take on record.
2. Change of Director and Management
In pursuance of the Open Offer, the change of Director and Management has been taken on record. Accordingly Mrs. Sunita Agarwal, Mr. J P Aggarwal and Mr. Bhim Sen Modi Ceased to be the Director of the Company with immediate effect and they are no more in the management of the Company. Mr. PVV Satyanarayana M/s. Srecko Indhan Ltd and M/s. Nandanvan Commercial (P) Ltd has become the promoter of the Company and taken over the Management of the Company and appointed Mr. PVV Satyanarayna and Mr. K Ramesh as the Directors of the Company with immediate effect.
3. Appointment of the Directors
Mr. PVV Satyanarayna and Mr. K Ramesh has been appointed as the Additional Director of the Company.
4. Resignation of the Directors
The Resignation of Mrs. Sunita Agarwal, Mr. J P Aggarwal and Mr. Bhim Sen Modi from the Directorship has been accepted and they ceased to be the Director of the Company with immediate effect.
1. Certificate from the Chartered Capital and Investment Ltd, The Manager to the Open Offer
The Certificate issued by the Manager to the Open Offer, The Chartered Capital and Investment Ltd dated April 18, 2008 Certifying Completion of all the Compliances regarding the Open Offer to the shareholders of the Company by Acquirers Mr. PVV Satyanarayna, M/s. Srecko Indhan Ltd and M/s. Nandanvan Commercial (P) Ltd in accordance and in Compliance with Substantial acquisition of shares and voting rights as required by Regulation 10 & 12 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers), Regulations 1997 [(SEBI) Regulations, 1997] has been take on record.
2. Change of Director and Management
In pursuance of the Open Offer, the change of Director and Management has been taken on record. Accordingly Mrs. Sunita Agarwal, Mr. J P Aggarwal and Mr. Bhim Sen Modi Ceased to be the Director of the Company with immediate effect and they are no more in the management of the Company. Mr. PVV Satyanarayana M/s. Srecko Indhan Ltd and M/s. Nandanvan Commercial (P) Ltd has become the promoter of the Company and taken over the Management of the Company and appointed Mr. PVV Satyanarayna and Mr. K Ramesh as the Directors of the Company with immediate effect.
3. Appointment of the Directors
Mr. PVV Satyanarayna and Mr. K Ramesh has been appointed as the Additional Director of the Company.
4. Resignation of the Directors
The Resignation of Mrs. Sunita Agarwal, Mr. J P Aggarwal and Mr. Bhim Sen Modi from the Directorship has been accepted and they ceased to be the Director of the Company with immediate effect.
No comments:
Post a Comment