Cals Refineries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 09, 2016, inter alia, had decided/ approved the followings:
1. Re-appointment of Mr. Deep Kumar Rastogi, as the Whole Time Director of the Company, subject to the approval of shareholder in the upcoming General Meeting for a period of three years or upto the date of attaining his age of 70 years. He is further appointed as the Chairman of the Board.
He is also identified/appointed as Key Managerial Personnel KMP) of the Company, under section 203 (1) of the Companies Act, 2013.
2. Risk Management Committee, constituted earlier has dissolved in view of no requirement to continue with the committee....