Foseco India Ltd reappoints Ajit Shah as independent director

At the 62nd Annual General Meeting of Foseco India Ltd held on 26th April 2019, a Special Resolution was passed by the Shareholders re-appointing Mr. Ajit Shah (DIN: 02396765) as a Non-Executive Independent Director of the Company for a second consecutive term commencing from 26th April 2019 and ending on 10th October 2021, being the date when he attains the age of 75 years.

Accordingly, Mr. Ajit Shah, a Non-Executive Independent Director, has attained the age of 75 years on 10th October 2021. He has ceased to be the Director of the Company with effect from 11th October 2021.

Shares of Foseco India Limited was last trading in BSE at Rs. 1497.75 as compared to the previous close of Rs. 1499.95. The total number of shares traded during the day was 2251 in over 118 trades.

The stock hit an intraday high of Rs. 1520.00 and intraday low of 1487.30. The net turnover during the day was Rs. 3389557.00.

Source : Equity Bulls

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FosecoIndia INE519A01011 FOSECOIND CommodityChemicals Reappointment IndependentDirector