The Sukhjit Starch & Chemicals Limited Announces Board Changes
April 11, 2019 at 04:08 am
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The Sukhjit Starch & Chemicals Limited announced that the Board of Directors of the Company considered and approved the appointment of Sh. Ranbir Singh Seehra as Independent Additional Directors of the Company. He will be the Chairman of the Board of Directors of the Company. The company also considered and approved appointment of Smt. Ruby Agarwal as an Independent Additional Director of the Company. The company also announced that Sh. S.C Jindal, Non- Exertive Independent Director, aged above 75 years has ceased to be the director of the Company with effect from 1st April, 2019. Sh. S.C Jindal has also ceased to be the Chairman of Stake Holder's Relationship/Grievance Committee, the Member of Audit Committee, Corporate Social Responsibility (CSR) Committee and Nomination & Remuneration Committee of the Company with effect from 1st April, 2019. The company also announced that Sh. S.K Anand, Non- Executive Independent Director, aged above 75 years has ceased to be the director of the Company with effect from 1st April, 2019. Consequently, Sh. S.K. Anand has also ceased to be the Chairman of Nomination & Remuneration Committee, the Member of Audit Committee & Stake Holder's Relationship/Grievance Committee of the Company with effect from 1st April, 2019. The company also announced that Smt. Ravi Chowdhry, Non- Executive Women Director, aged above 75 years has ceased to be the director of the Company with effect from 1st April, 2019. The company also announced that Sh. V.K Sardana, Non- Executive Director, aged above 75 years has ceased to be the director of the Company with effect from 1st April, 2019. The company also announced that Sh. Naresh Sardana, Non- Executive Director, aged above 75 years has ceased to be the director of the Company with effect from 1st April, 2019.
The Sukhjit Starch and Chemicals Limited is an India-based agro-processing company that manufactures starch and its derivatives in India. The Company manufactures modified starches, dextrines, liquid glucose, HMS, malto-dextrin, mono-hydrate dextrose, anyhydrose dextrose, sorbitol-70% solution and various by-products, such as such as maize oil, maize oil cake, maize bran, maize germ, and corn gluten catering to a spectrum of industries. The Company's segments include starch & its derivatives, readymade garments, leasing & hire purchase financing and manufacturing of heavy machinery. The Company offers products in various categories, such as food and drink, including baked goods, frozen foods, honey and preserved foods; paper and board, including wet end and coating; personal care and pharma, including toothpaste, shoe polish and bulk drug fermentation, and animal feed and pet foods, including pet foods, poultry feed and cattle feed. It operates over four manufacturing facilities.