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Cosboard Industries to increase authorised share capital

The members of Cosboard Industries at the extraordinary general meeting held on 07 January 2013 have approved the appointment of Shiv Shankar Taparia, director of the company as managing director in place Ratan Kumar Gilra, the existing managing director of the company for a period of 5 years. Further, Ratan Kumar Gilra will continue to act as executive chairman of the company for a further period of 5 years.

Further, the members have approved to increase the authorized share capital of the company from Rs 5 crore to Rs 15 crore.

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