BIRLACOT

BIRLACOT:The Exchange had sought clarification from Birla Cotsyn (India) Limited with respect to announcement dated August 16, 2016, regarding the Board of Directors of the Company at its meeting held on August 10, 2016 has considered and approved , the following : (1) Approved Re-appointment of Shri Satya Kishore Mathur as Manager of the Company for three (3) years w.e.f. August 29, 2016 to August 28, 2019.(3) Approved Resignation of Shri Sanjay Rane, as Director of the Company w.e.f. August 10, 2016.".On the basis of above the Company has replied as follows:1. Re-Appointment of Shri Satya Ki

BIRLACOT:The Exchange has sought clarification from the Company with respect to announcement dated August 16, 2016, regarding the Board of Directors of the Company at its meeting held on August 10, 2016 has considered and approved , the following : (1) Approved Re-appointment of Shri Satya Kishore Mathur as Manager of the Company for three (3) years w.e.f. August 29, 2016 to August 28, 2019.(3) Approved Resignation of Shri Sanjay Rane, as Director of the Company w.e.f. August 10, 2016.On basis of above the Company is required to clarify following:1. Reason for change viz. appointment, resignat