ImportantCompany Update
The company's Annual General Meeting approved key resolutions impacting governance and executive compensation.
BCC Fuba India Ltd517246 · Filed with the exchange
Members voted for the continuation of Mr. Chandar Vir Singh Juneja as a Non-Executive Independent Director beyond 75 years, acknowledging his valuable experience in corporate governance and strategic guidance.
Additionally, the terms for Executive Director Mr. Abhinav Bhardwaj were revised, increasing his monthly basic salary from 0.026 Cr to 0.035 Cr.
Mr. Bhardwaj, a Chartered Accountant and CEO, leads efforts in technology upgrades and capacity expansion.
Shareholders also approved the company's ability to give loans, guarantees, or securities to directors or related parties.
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