Key Developments: Nicco Corp Ltd (NICC.BO)

NICC.BO on Bombay Stock Exchange

19 Dec 2014
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Rs0.03 (+4.55%)
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Latest Key Developments (Source: Significant Developments)

Nicco Corp Ltd announces change in directorate
Wednesday, 12 Feb 2014 

Nicco Corp Ltd:Says the Board considered and approved the retirement of Udayan Ray as Managing Director & CFO of the company from the close of Mar. 31 and continuance as Non-Executive Vice Chairman of the company with effect from Apr. 01.Says the Board considered and approved the appointment and payment of remuneration to Swapan Kumar Mukherjee, as Managing Director of the Company with effect from Apr. 01.Says Manash Chakraborty, Nominee Director of Asset Reconstruction Company (India) Limited (ARCIL), has been appointed as an Additional Director of the company, with effect from Feb. 12, to hold office until the date of the forthcoming Annual General Meeting of the company.  Full Article

Nicco Corp Ltd Approves Sale Of 550,000 Preference Shares And 7,200,000 Equity Shares Held By Nicco Corporation Limited
Thursday, 7 Feb 2013 

Nicco Corp Ltd announced that the Board of Directors of the Company at its meeting held on February 05, 2013, has approved the pursuant to the BIFR order dated November 19, 2011, the Board approved the sale of 550,000 Preference Shares and 7,200,000 Equity Shares held by Nicco Corporation Limited in its subsidiary company M/s Nicco Biotech Limited to M/s Thacker Dairy Products Pvt. Ltd. in the Board Meeting held on November 03, 2012. In the Board Meeting held on February 05, 2013 the shares were transferred to M/s Thacker Dairy Products Pvt. Ltd.  Full Article

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