Gujarat Toolroom Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 12, 2011, inter alia, has considered and decided the following businesses:

Approved the appointment of Suryakant H. Parikh as an Additional Director and also as a Managing Director of the Company.

  1. Accepted the resignation of Sangita D. Gadoya from the office of Director of the Company.
  2. Accepted the resignation of Prakashsinh Rehvar from the office of Director of the Company.
  3. Accepted the resignation of Nareshbhai Shah from the office of Director of the Company.
  4. Approved the appointment of Kunjan N. Vora as an Additional Director of the Company under the category of Independent Director.
  5. Approved the appointment of Tushar S. Shah as an Additional Director of the Company under the category of Independent Director.
  6. Approved the appointment of Viral N. Shah as an Additional Director of the Company under the category of Independent Director.
  7. Approved to increase the Authorised Share Capital of the Company from Rs.5,00,00,000/- to Rs.6,00,00,000/-, subject to approval of shareholders.
  8. Approved to issue 25,00,000 (Twenty Five Lacs) convertible warrants to Promoter and Non-Promoter Group of the company on preferential basis, subject to approval of shareholders.
  9. Considered and approved the un-audited financial results of the Company for the quarter ended on 30th June, 2011.
  1. Approved to call Annual General Meeting of Shareholders of the Company on 27th September, 2011.
  1. Approved the date of Book closure for the purpose of the Annual General Meeting of the Company from 20th September, 2011 to 27th September, 2011 (both days inclusive).
  1. The Board noted and approved to correct the spelling mistake done in the building name, where the Registered Office of the company is situated, from “SHIL” to SHEEL”.