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CG Power & Industrial Solutions Ltd.

BSE: 500093 Sector: Engineering
NSE: CGPOWER ISIN Code: INE067A01029
BSE 14:41 | 18 Oct 15.14 0.72
(4.99%)
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NSE 14:34 | 18 Oct 15.10 0.70
(4.86%)
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Chairman Of The Board Of Directors

August 29, 2019, 10:55 am | Source: BSE | Downlaod PDFDownload PDF

In cognizance of the current situation being faced by the Company and the recent developments including disclosures dated August 19 2019 made by the Company the Board of Directors through a circular resolution dated August 29 2019 passed by majority consent have resolved to remove Mr. Gautam Thapar as the Chairman of the Board with immediate effect.
This decision has been taken in the interests of the Company and its stakeholders in discharge of the fiduciary responsibilities of the Board.
We would appreciate if you could take the same on record.