ALPHA TRIBE

D. P. Abhushan LimitedBoard Meeting, 20-11-2024: Outcome of Board Meeting

20-11-2024 | 05:35 pm

D. P. Abhushan Limited's board meeting resulted in several key outcomes: the resignation of Mr. Deepak Gadia from his role as Independent Director due to personal circumstances; the proposal to pay commissions to Non-Executive Directors, capped at ₹1 crore or 1% of net profits; and the formulation of the Employee Stock Option Plan 2024, aimed at granting up to 2 lakh options to eligible employees. Additionally, the board approved conducting a postal ballot to obtain shareholder approval for these resolutions.

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