Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), VST Industries has informed that Aditya Deb Gooptu (DIN:07849104), Managing Director & CEO of the Company, vide his e-mail dated 4th November, 2024, tendered his resignation as the Managing Director & CEO and Director of the Company. The Board of Directors of the Company at their Meeting held today 5th November, 2024 accepted the resignation of Aditya Deb Gooptu, and he will be relieved from the services of the Company as per the terms of his contract of employment. The e-mail resignation received from Aditya Deb Gooptu is enclosed. In the interest of ensuring a smooth transition and based on the recommendation of the Nomination and Remuneration Committee and the Audit Committee, the Board has unanimously approved the appointment of Naresh Kumar Sethi (DIN: 08296486), presently the Non-Executive Chairman as the Executive Chairman & Whole-time Director of the Company for a period of 5 years with effect from 5th November, 2024. This will be subject to the approval of the shareholders by means of Postal Ballot and Central Government as applicable, notice of which will be sent in due course of time. ln accordance with BSE circular no. LIST/COMP/14/2018-19 and NSE circular no. NSE/CML/2018/24, dated June 20, 2018, it has confirmed that Naresh Kumar Sethi is not debarred from holding the office of Director by virtue of any SEBI order or any other such authority. Further, the Board of Directors will institute a search for the appointment of a Managing Director / Chief Executive Officer, who will report to the Executive Chairman. The requisite disclosures as required as per the requirements of Regulation 30 read with Schedule Ill -Para A (7C) of Part A of the Listing Regulations (as applicable) and SEBI Circular Ref. No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 is enclosed. The Meeting of the Board of Directors commenced at 9.25 am and concluded at 9.45 am.
| Company Name | CMP |
|---|---|
| ITC | 470.65 |
| Godfrey Phillips | 5668.00 |
| VST Industries | 347.75 |
| The Indian Wood Pro. | 58.97 |
| Golden Tobacco | 40.64 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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