Hacked by islam_Bey imhatimi.org

Kemrock Industries & Exports Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 28, 2008, inter alia, has approved the following matters:

1. Approved the “Employee Stock Option Scheme - 2008″; and “Employee Stock Purchase Scheme - 2008″, subject to approval of the members of the Company in General Meeting of the Company.

2. Constituted ” Compensation Committee” of directors pursuant to SEBI (ESOP and ESPS) Guidelines, 1999.

3. Re-appointed and fixed remuneration of Mr. Kalpesh Patel as Managing Director, designated as Chairman and Managing Director of the Company, for a period of five years commencing August 01, 2008 to July 31, 2013 subject to approval of the shareholders in the ensuing 14th Annual General Meeting.

4. Accepted, with appreciation of his contributions, the resignation of Mr. Rohit Kothari as the director of the Company w.e.f., close of business hours on June 28, 2008, who resigned due to his other engagements.

Tags: Kemrock Industries

This entry was posted on Monday, June 30th, 2008 at 6:31 am and is filed under Commodities. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.