12th April 2012
ABSTRACT & MEMORANDUM OF INTEREST UNDER SECTION 302
The Board of Directors of Company, as approved by the Remuneration Committee, in its meeting held on 31 March 2012, appointed Sh Narender Kumar Pundir as an Additional Director and Director (Commercial) of the Company for the period of three years w.e.f. 31 March 2012 subject to the approval of the members in General Meeting.
In compliance with the requirements of section 302 of the Companies Act, 1956 an abstract of the terms of appointment of Sh Narender Kumar Pundir and the remuneration payable to him together with the Memorandum of concern or Interest are attached herewith for your information.