3rd-Nov-2019 13:25Source: BSE

Escorts - Outcome of Board Meeting

Pursuant to Regulation 30 and 33 of the SEBI LODR, 2015, please note that the Board in its meeting held today i.e. November 2, 2019 has approved the following items:

1. Financial Results: Unaudited Financial Results (Standalone & Consolidated) for the quarter and half year ended September 30, 2019 and Limited Review Report thereon.
2. Change in Key Managerial Personnel & Compliance Officer: Acceptance of Resignation of Mr. Ajay Sharma, Group General Counsel & Company Secretary and Compliance Officer w.e.f. close of working hours on November 30, 2019 and appointment of Mr. Satyendra Chauhan, Chief General Manager as the Compliance Officer w.e.f. December 1, 2019
3. Re-appointment of Whole-time Director:
a. Re-appointment of Ms. Nitasha Nanda as Whole-time Director for a period of 5 years
b. Approval for payment of remuneration to Ms. Nitasha Nanda for a period of 5 years
4. Postal Ballot: Approval for Issuance of Postal Ballot Notice