Arihant Superstructures: Outcome of Board Meeting

Arihant Superstructures Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 13, 2013, inter alia, has transacted the following:1. All the projects of the Company and its subsidiaries was considered and discussed2. Approval of M/s Ernst & Young Pvt Ltd as Internal Auditor for the next Financial Year 2013-143. The Internal Audit report submitted by the Internal Auditor of the company for the quarter ended June, 2013 was approved and taken on record.4. The Board has ascertained that Mr. Vinayak Nalavade and Mr. Dinesh Babel Director as eligible for retiring by rotation, Mr. Vinayak Nalavade and Mr. Dinesh Babel eligible and has offered himself for re-appointment. 5. The Board proposed the appointment of M/s Kailash Chand Jain & Co. as a Statutory Auditors from this Annual General Meeting to the conclusion of next Annual General Meeting.6. Authority has been granted to Mr. Ashok Chhajer and Mr. Nimish Shah to sign the Annual Return and to digitally sign the relevant form.7. Considered the re-appointment of Mr. Ashok Chhajer as Managing Director of the company and to finalised the remuneration payable.8. Considered and approved alternative accommodation for business trips to Dubai9. Noted the Results of the Postal Ballot declared on June 27, 2013.10. Considered appointment of Mr. Vinod Subramanium, Cost Accountants as Compliance Officer of the Company for the next financial year 2013-14 and determined the remuneration thereon.11. The Board has approved cessation of Mr. Rushabh Desai as Company Secretary & Compliance Officer of the Company.Source : BSE

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