KPT Industries Ltd - 505299 - Intimation Of Reappointment Of Mr. Dilip Kulkarni (DIN: 00184727) As Managing Director, For A Further Period Of Five Years.
Pursuant to Regulation 30(6) read with Part A Para A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we hereby inform you that the Board of Directors (Board) of the Company vide Resolution passed at their meeting held on 08th February, 2022 has approved the reappointment of Mr. Dilip Kulkarni as Managing Director (DIN: 00184727), for a further period of five years, w.e.f. 1st April, 2022 to 31st March, 2027, as per sections 196 and 197 with the same current remuneration for a period of 3 years from 1st April, 2022 to 31st March, 2025, as per Section II of Part II of Schedule V of the Companies Act, 2013. The approval of Board is subject to the approval of the Members of the Company through Postal Ballot. Kindly take the same on your record.08-02-2022