BCL Industries Limited announced that based on the approval and recommendations of the nomination and remuneration committee, the board of directors have approved the appointment of Parampal Singh Bal as Additional Independent Director with effect from January 9, 2021, on the board of directors of the company. The board also announced that V.K. Nayyar, Independent Director of the company has resigned at the end of Meeting due to pre-occupation and unavoidable circumstances. His resignation has been accepted by the Board. Audit Committee of the company stands re-constituted with the inclusion of Param Pal Singh Bal, independent director as a member in the audit committee. Ramesh Chander Nayyar has been appointed as a Chairman of audit committeee. Due to resignation, V.K. Nayyar cease to be a Member of audit committee. Nomination and Remuneration Committee of the company stands re-constituted with the inclusion of Param Pal Singh Bal, independent director as a member in the Nomination and Remuneration Committee. Neerja Jain has been appointed as Chairperson of Nomination and Remuneration Committee. Due to resignation, V.K. Nayyar cease to be a Member of Nomination and Remuneration Committee.
BCL Industries Limited is an India-based company, which is engaged in the manufacturing of Edible Oils, Distillery and Real Estate. Its segments include Oil & Vanaspati, Distillery and Real Estate. The Oil & Vanaspati segment is engaged in manufacturing of vanaspati, refined oil, and extraction of oil & solvents from seeds. The Distillery segment includes production and marketing operations of the liquor for human consumption. The Real Estate segment includes the construction of a residential house. The Companyâs product basket includes Vanaspati Ghee, Refined Oil, Expelling Oil from seeds, Solvent Extraction of Oils from seeds, De-oiled cakes, Basmati, and Para-boiled rice. The Company offers its products under the brand Home Cook, Murli, White Gold, Royal Patiala Whisky, Old Professor Whisky, Ceros Rum, Rangers Barrel, Bang Bang and On The Rocks. Its Real Estate project includes Ganpati Enclave and DD Mittal Towers. The Companyâs subsidiary includes Svaksha Distillery Limited.
BCL INDUSTRIES LIMITED 
