Orient Refractories Ltd appoints Mr. Gustavo Lucio Goncalves Franco as additional director

The Board of Directors through resolution by circulation dated 6 June 2020 appointed Mr. Gustavo Lucio Goncalves Franco (DIN: 08754857) as Non-executive Non-independent Additional Director of the Company with effect from 6 June 2020. Mr. Gustavo Franco will hold office upto the date of the next Annual General Meeting or the last date on which the AGM should have been held, whichever is earlier.

Mr. Gustavo Franco is not related to any of the existing directors of the Company and is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other such authority.

Mr. Gustavo Franco is an employee of RHI Magnesita N.V., ultimate holding company of Orient Refractories Limited.

Shares of ORIENT REFRACTORIES LTD. was last trading in BSE at Rs.164.3 as compared to the previous close of Rs. 151.8. The total number of shares traded during the day was 5102 in over 260 trades.

The stock hit an intraday high of Rs. 165.95 and intraday low of 150.9. The net turnover during the day was Rs. 832342.

Source : Equity Bulls

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