Clarification With Regard To Appointment Of Rajesh Kumar Bagri As An Additional Director (Non Independent)
1. Mr. Rajesh Kumar Bagri is not a relative (as defined under Companies Act 2013) of Mr. Braj Binani. However Mr. Bagri's son is working in Triton Trading Company Private Limited a promoter of Binani Industries Limited and his salary is less than Rs. 50 lakhs. 2. The Bio-data of Mr. Bagri is enclosed. 3. Mr. Bagri was appointed on 26th April 2018 as an Additional Director under section 161 of the Companies Act 2013. Kindly take the above on record.03-05-2018