MODERN STEELS LTD.-$ - 513303 - REVISED OUTCOME OF THE MEETING OF BOARD OF DIRECTORS
Revised outcome We wish to inform you that the Co. in its BM held today, Tuesday, 11/5/21 commenced at 11:30 AM and concluded at 02:00 PM at Corporate Office Chandigarh, along with other agenda items interalia the following were considered and approved by the Board of Directors of the Company 1Approved the app. of Dr. AK Vashisht as an Add. ID for a period of 3 yrs. He will hold office as an Add (Ind.) Director upto the ensuing AGM. After the confirmation from the Shareholders in the ensuing AGM, he will be regularized as an Independent Director upto the conclusion of AGM to be held in 2024 2Information about sad demise of Mr. Ashish Sharma, CS & Compliance Officer. 3Approved the app. of Ms. Anjali as CS & CO wef 5/5/21 4Information about the replacement of clause of Long Stop Date of Business Transfer Agreement. The clause of Long Stop Date is extended & is reproduced below Long Stop Date means a date falling 3 months from the date of the PNB In-principal Approval12-05-2021