ICEX is conducting an Extra -ordinary General Meeting (‘EOGM’) of the shareholders of the Indian Commodity Exchange Limited on Monday, February 15, 2021 at 11.30 a.m. at Indian Commodity Exchange Limited, through Video Conferencing (“VC”)/ Other Audio Visual Means (“OVAM”) , to transact the Special Business, as set out in the notice of the EOGM dated January 18, 2021.
Items to be discussed in the AGM.
a) Appointment of Mr. Suresh Babu Konakanchi (DIN: 07757710) as a Shareholder Director on the Board of the Exchange.
b) Appointment of Ms. Vaishali Vishwas Kale as a Shareholder Director on the Board of the Exchange.
Why new appointments are coming?
Mr. Ajit Kumar Mittal vide his letter dated November 06, 2020 had tendered his resignation letter as the Shareholder Director of the Exchange due to his other pre occupations. And as per SEBI regulations, the recognized stock exchange shall place the names of persons to be appointed as shareholder directors approved by the governing board of the stock exchange before the shareholders for their approval before submitting the same to SEBI for approval.
The company has received a nomination letter from M/s Reliance Exchangenext Limited dated January 06, 2021, nominating Mr. Suresh Babu Konakanchi for the office of shareholder director on the Board of the Exchange.
The NRC & Board also recommended the name of Ms. Vaishali Vishwas Kale a shareholder, to be appointed as a shareholder director on the Board of the Exchange.