At meeting held on 13 July 2016
SRS announced that the Board of Directors of the Company at its meeting held on 13 July 2016, inter alia, decided the following:1. Withdrawn the decision of "Sub-Division of Equity Shares of Rs. 10/- each into Equity Shares of Re. 1/- each", which was approved by the Board of Directors in its Meeting held on 22 June 2016 and dispatch of Postal Ballot Notice was completed on 27 June 2016.
The Board of Directors has reconsidered the matter on request of certain stakeholders.
2. CA Vaibhav Gupta is appointed as an Independent Director of the Company to fill the casual vacancy caused by the resignation of Sangeeta Adlakha with effect from 13 July 2016.
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