Tuesday, January 8, 2008

Artson Engineering Allots Equity Shares

The board of Artson Engineering has appointed K P Singh, nominee of Tata Projects (strategic investor), Shailendra Krishan, nominee of Tata Projects (strategic investor) and H H Malgham, independent director.

The board has accepted the resignation of N K Jagasia, chairman of the company and in his place K P Singh, nominee of Tata Projects has been appointed as non-executive chairman of the company.

The board has appointed N K Jagasia as non-executive vice chairman of the company.

The board has accepted the resignation of R S Medhi as director as well as whole-time director of the company.

Further, the board has allotted 2,76,90,000 equity shares of Re 1 each to Tata Projects (strategic investor).

This was decided at the board meeting held on 04 January 2008.

No comments: