The Board of Directors at their meeting held on Monday the
30th January 2012 approved:
1.Un-Audited Financial Results (provisional) for the third
quarter ended 31st December 2011 reviewed by the Audit
Committee and the Limited review of the same has been
carried out by the Statutory Auditors of the Company.
2.Resignation tendered by Mr. B Srinivasa Rao as
Vice-President (Sales) with effect from 10th January
2012.
3. Appointment of Mr. G V Sree Giridhar as the new Vice
President (Sales & Marketing) with effect from 5th January
2012.
The Board of Directors expressed their heartfelt
condolences to the bereaved family of Sri K C
Chandrasekhar, President (Operations), who was attacked in
the unprecedented violence that occurred at Factory, Yanam
on 27th January 2012. This inhuman and unprovoked attack at
the residence of Sri K C Chandrasekhar was strongly
condemned and the Board requested the Chairman and Managing
Director to escalate to Govt. of Puducherry and Law
Enforcement agencies to ensure such brutal acts are
prevented from occurring again. They also condemned the
unprecedented damage to the Plant & Machinery during the
Yanam violence.
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