Intimation under Regulation 51(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 51(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we inform you that the Board of the Company is reconstituted as under:
The Board of Directors have at their meeting held on June 27, 2022:
(a) approved the appointment of Mr. Raminder Singh Gujral and Mr. K.V. Chowdary, s Additional Directors of the Company, designated as Independent Directors for a period of 5 (five) years commencing from June 27, 2022, subject to approval of the shareholders;
(b) approved the appointment of Mr. Pankaj Mohan Pawar as Managing Director of the Company for a period of five (5) years commencing from June 27, 2022, subject to approval of the shareholders;
(c) noted the resignation of Mr. Mukesh D. Ambani as Director of the Company effective from close of working hours on June 27, 2022; and
(d) approved the appointment of Mr. Akash M. Ambani, Non-executive Director as Chairman of the Board of Directors of the Company.
In accordance with the circular dated June 20, 2018, issued by the Stock Exchanges, we hereby confirm that Mr. Raminder Singh Gujral and Mr. K. V. Chowdary are not debarred from holding the office of Director by virtue of any Securities and Exchange Board of India order or any other such authority