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At meeting held on 21 March 2017Southern Magnesium & Chemicals announced that the Board of Directors of the Company at its meeting held on 21 March 2017 transacted the following business:
1. Admission of Securities of the company on National Securities Depositories. 2. Board took note of withdrawal of C Mariamma as Nominee Director of APIDC Limited and took note of her resignation.
Board further approved appointment of E. Maha Lakshmi as Nominee Director in place of C. Mariamma as per the letter given to the company by APIDC.
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