SERVALL

Servalakshmi Paper Limited has informed the Exchange regarding Outcome of Board Meeting held on May 30, 2017.

Servalakshmi Paper Limited has informed the Exchange that Mr V S Pattabiraman has resigned as an Independent Director of the Company with effect from close of business hours as on March 08, 2017. The Board and Management place on record , their appreciation of the contribution made bu Mr. V.S. Pattabiraman during his association with the Company.

Servalakshmi Paper Limited has informed the Exchange that Ms. Nithya Nirupama has been appointed as an Non-Executive Independent Director of the Company subject to the Approval of shareholders at the subsequent Annual General Meeting. Further, the appointment of Mr. G. V. Ramana as the Chief Financial Officer (CFO) of the Company has been confirmed by the Board w.e.f. April 1, 2014.

Servalakshmi Paper Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on February 05, 2014, have appointed Mr. Y. Shivaram Prasad as Managing Director of the Company and re-designated Mr. R. Ramswamy, Chairman & Managing Director as Executive Chairman with remuneration subject to the approval of the shareholders at the next Annual General Meeting. The Board also accepted the Letter of Approval (LOA) dated January 31, 2014 issued by the Corporate Debt Restructuring Empowered Group (CDR EG) approving the Corporate debt restructuring proposal submitt

Servalakshmi Paper Limited has informed the Exchange regarding the Outcome of Board Meeting held on February 01, 2013.

Servalakshmi Paper Limited has informed the Exchange that the Board of Directors of the Company, have in the light of the notification of amendment in schedule VI of the Companies Act, 1956 decided to defer the consideration of the Accounts for the period ending March 31, 2012 to a later date to consider and adopt the revised Schedule VI. The date of adjourned board meeting will be informed the exchanges.