Xo Infotech Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on March 29, 2008, inter alia, have accorded the following:
1. Change in management of the Company in terms of regulation 12 of the SEBI (Substantial
Acquisition or shares and Takeover) Regulations 1997, appointing Mr. Mahendra as the new
Promoter in place of the existing promoters- Mr. Naresh Talwar and Mr. Umesh Talwar was
carried as a special resolution.
2. Change of Registered Office from Haryana to Delhi.
(These resolutions passed by the shareholders by way of Postal Ballot).
3. Appointment of Mr. Anil Mistry & Mr. Arvind Thakkar as non-executive Directors of the
Company.
4. Appointment of Mr. Mahendra Ganatra, as Promoter Director and Managing Director of the
Company for a period of 5 years effective from January 29, 2008.
Further the Company has informed that, Mr. Navin Juneja has resigned from office of Managing Director of the Company with effect from March 29, 2008.
1. Change in management of the Company in terms of regulation 12 of the SEBI (Substantial
Acquisition or shares and Takeover) Regulations 1997, appointing Mr. Mahendra as the new
Promoter in place of the existing promoters- Mr. Naresh Talwar and Mr. Umesh Talwar was
carried as a special resolution.
2. Change of Registered Office from Haryana to Delhi.
(These resolutions passed by the shareholders by way of Postal Ballot).
3. Appointment of Mr. Anil Mistry & Mr. Arvind Thakkar as non-executive Directors of the
Company.
4. Appointment of Mr. Mahendra Ganatra, as Promoter Director and Managing Director of the
Company for a period of 5 years effective from January 29, 2008.
Further the Company has informed that, Mr. Navin Juneja has resigned from office of Managing Director of the Company with effect from March 29, 2008.
