Genus Power Infrastructures at its meeting held on August 21, 2014, has decided the appoint M/s. S. R. Batliboi & Associates LLP, Chartered Accountants, as Joint Statutory Auditors alongwith the existing Auditors of the Company, subject to consent of members.
Genus Power Infrastructures Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 21, 2014, inter alia, has decided the following:1. To appoint M/s. S. R. Batliboi & Associates LLP, Chartered Accountants, as Joint Statutory Auditors alongwith the existing Auditors of the Company, subject to consent of members.2. To transfer/sell/dispose of Company's 'Home & Industrial Products' ("HIP") business i.e. manufacturing of a complete range of Inverters/UPS, Solar PCU and Batteries, subject to approval of members and other regulatory authorities, if any.3. To appoint Mr. Jitendra Kumar Agarwal as Joint Managing Director of the Company, for a period of 5 years with effect from September 20, 2014, subject to consent of members.Source : BSE
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