Chambal Breweries Approves Re-appointment of Key Directors and New Secretarial Auditors
Chambal Breweries' board has recommended the re-appointment of Mr. Parasram Jhamnani as Chairman and Managing Director, and Mr. Anmol Jindal as Independent Director, both subject to shareholder approval at the upcoming AGM. The company also approved the appointment of M/s. Bharat Rathore & Associates as Secretarial Auditors for five years, pending shareholder approval.
Chambal Breweries and Distilleries Ltd reported a net loss of Rs 7.34 lacs for Q1, up from Rs 3.13 lacs in the previous year, despite a slight increase in total income to Rs 0.41 lacs. The company's expenses rose, with 'other expenses' increasing by over 50%. The 40th AGM is scheduled for September 20, with book closure from September 14-20. The board recommended reappointments of Mr. Parasram Jhamnani as Chairman and Managing Director and Mr. Anmol Jindal as an Independent Director. M/s Bharat Rathore & Associates were appointed as Secretarial Auditors for five years. The company's EPS declined to -Rs 0.10 from -Rs 0.04 in the same quarter last year.