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| Exchange Received Time 05/02/2019 11:57:13 Exchange Disseminated Time 05/02/2019 11:57:17 Time Taken 00:00:04 | Sub: Outcome of the Board Meeting held on 05th February, 2019
Dear Sir/ Madam,
In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, we wish to inform you that Board of Directors of the Company in their meeting held on 05th February, 2019 have inter alia approved the following:
1. On recommendation of the Audit Committee, the Board of Directors have approved un-audited financial results of the Company for the quarter ending 31st December, 2018.
Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a copy of duly signed un-audited financial results, along with the Limited Review report by statutory auditor of the Company thereon, are attached herewith.
2. The Board of Director based on the recommendation of the Nomination and Remuneration Committee has appointed Mr. Sunil Tandon as a Non- Executive Independent Director w.e.f. 05.02.2019.
Brief Profile of Mr. Sunil Tandon:
He is graduate in Mechanical Engineer from Delhi College of Engineering (1975 batch), and an MBA with top honours& a gold medal from FMS (1977 batch), University of Delhi.
Sunil started his career with Engineers India Ltd. a premier Engineering design consultancy, where he had the opportunity of working with International Engineering design companies like Toyo, SnamProgetti etc.
Thereafter, Sunil changed over to commercial aspects of business, including Purchase & Project exports at Ballarpur Industries Ltd, followed by a stint as Executive Asstt. to Vice Chairman at ModiAlkalies & Chemicals with exposure to diverse functions.
Thereafter Sunil worked at Apollo Tyres, heading the Purchase & Export functions. This was followed by a migration to Apollo International, a part of Apollo Tyres group, formed to diversify across businesses & geographies.
At the time of leaving the group in 2004, Sunil was President & Managing Director of Apollo International. Having worked in different commercial roles at Apollo for about 19 years. Thereafter, he started an entrepreneurial venture, engaged in export of Industrial & Agrityres. His profile is also being uploaded on the Company's website (www.ptlenterprise.com).
Disclosure of Relationship between directors:
He is not related to Promoters or Directors in the Company, its holding, subsidiary or associate Company.
The Board Meeting commenced at 10:30 a.m. and concluded at 10:55 a.m.
Please take the above information on your records.
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