Fairchem Speciality Limited Recommends Dividend; Approves Board Changes; Approves Revision of Articles of Association
The company announced the resignation of Shri Bimal Parikh, Shri Hemant Shah as director, appointment of Shri Mahesh Babani, as additional Director- Promoter Category and designating him as Managing Director, without remuneration, subject to approval of members at the enduing AGM, appointment of Shri D.B. Rao, as additional Director-Promoter Category, resignation of Jayesh shah as independent Director and appointment of Shri P.R. Barpande, as an independent Director, towards filing in the casual vacancy so created, resignation of Shri Kalpesh Patel, as an Independent Director and appointment of Shri Rajesh Budhrani, as an independent Director, resignation of Mrs. Sonal Ambani, as an Independent Woman Director and appointment of Mrs. Radhika Rereira, as an independent Woman Director, resignation of Shri Ganpatraj Chowdhary, as an Independent Director and appointment of Shri Hemang Gandhi, as an Independent Director, resignation of Shri Bhavin Shah, as an Independent Director and resignation of Shri Nitin Patel, as an Independent director.
The company approved the revision of Articles of Association, subject To Approve the shareholders in the upcoming AGM.