HOV Services Ltd - 532761 - Announcement under Regulation 30 (LODR)-Change in Directorate
It is to inform that the Board of Directors of the Company vide its resolutions by Circulation dated July 20, 2021 has unanimously noted/approved the following: i) Noted and acknowledged that Mr. B R Gupta, Independent Director who had served the Company and its Board for 15 years with his unmatched support and guidance will get retire on July 25, 2021 completing his tenure, including his two terms as an Independent Director of the Company. ii) With the recommendations from Nomination and Remuneration Committee, the Board of Directors have approved the appointment of Mr. Ajay Puri as an Additional Director effective July 26, 2021 to hold office as an Independent Director in terms of the provisions of Section 149 of the Companies Act 2013. Mr. Ajay shall hold office as an Additional Director till the date of ensuing Annual General Meeting of the Company and be appointed as a Director by Members' in ensuing 33rd Annual General Meeting to be held on September 22, 2021.21-07-2021