Ujjivan Financial Services fell 1.57% to Rs 204.10 after a special resolution to appoint Samit Ghosh as MD and CEO of the company was defeated as it didn t get the requisite share of votes.
As per the regulatory filing, the company had put to vote a special resolution to appoint Samit Ghosh as the managing director and chief executive officer of Ujjivan Financial Services for a period of 3 years w.e.f. 1 May 2021.
The proposal only garnered 70.5271% votes in favour while 29.4729% votes were casted against the proposal. Since this was a special resolution, it needs 75% votes in favour to be passed.
Another special resolution to approve the re-appointment of Abhijit Sen as an independent director of the company for a period of 5 years w.e.f. 13 September 2021, was also defeated. The proposal only garnered 70.5815% votes in favour while 29.4185% votes were casted against the proposal.
Bajaj Auto announced that Rahul Bajaj has tendered his resignation as Non-Executive Director and Chairman of the Company with effect from close of business hours on 30 April 2021.
The Board has approved the appointment of Rahul Bajaj as Chairman Emeritus of the Company for a term of five years with effect from 1 May 2021.
Niraj Bajaj, Non Executive Director of the Company has been appointed as Chairman of the Company with effect from 1 May 2021.
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At meeting held on 29 April 2021The Board of Mahindra Logistics at its meeting held on 29 April 2021 approved the following change in directorate:
Appointment of Amit Sinha (DIN: 09127387), as an Additional Director (Non-Executive and Non-Independent) of the Company with effect
from 29 April 2021;
Noted the resignation submitted by Parag Shah (DIN: 00374944),
Non-Executive and Non-Independent Director of the Company, with effect from close of business hours of 29 April 2021.
Noted the cessation of S. Durgashankar (DIN: 00044713), Non-Executive and Non-Independent Director on expiry of his term ending at the ensuing AGM of the Company.
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At meeting held on 27 April 2021The Board of Gateway Distriparks at its meeting held on 27 April 2021 has appointed Anil Agarwal as an Additional Director Independent- Non executive) of the Company for a term of 5 years with effect from 27 April, 2021, subject to approval of the shareholders at the ensuing AGM of the Company. The Board has noted the cessation of Bhaskar Avula Reddy, Independent Director of the Company who would be completing his second term as Independent Director on 30 April 2021.
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