SAKTHI SUGARS LTD. - 507315 - Announcement under Regulation 30 (LODR)-Meeting Updates
Board of Directors at its meeting held today i.e.31.7.2020) have - (i) approved sale of Sugar and Beverage Units of the Company at Sivagnga, subject to the approval of Banks/Financial Institutions and of Members of the Company, for the purpose of raising funds to reduce the Company's loans availed from Banks and Financial Institutions. (ii) recommended to the members of the Company for re-appointment of Smt.Priya Bhansali as Independent Director of the Company for the second term of five consecutive years from 1st October 2020 at the ensuing Annual General Meeting. (iii) approved holding of 58th Annual General Meeting of the Members of the Company on Friday, 25th September 2020 at 2.45 pm through Video Conferencing/Other Audio Visual Means in accordance with the Circulars issued by MCA/SEBI in this regard. Cut-off date for E-voting is 18.9.2020. Remote E-voting is from 22.9.2020 (9.00 A.M.) to 24.9.2020 (5.00 P.M.)The Board Meeting commenced at 12.45 pm and ended at 1.40 pm.31-07-2020