Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Top Headlines »
Open DEMAT Account in 24 hrs
 Full List Of Trump's Reciprocal Tariffs Announced Wednesday
 Top 5 tax-saving investment options for salaried individuals to consider before March 31, 2025
 5 lesser lesser-known avenues of tax saving you can use to save income tax before March 31, 2025
 March 15 is deadline for last advance tax installment: Know if you must pay
  5 small savings options that save tax under Section 80C
 ITR filing 2025: How often can Indian taxpayers switch between new and old income tax regimes?

RP Raju resigns as Maytas director, board reviews CDR proposal
March, 27th 2009

Maytas Infrastructure on Thursday said its independent director RP Raju has resigned from the company's board.

"The board of directors, during its meeting held today (Thursday), has accepted the resignation of independent director RP Raju," Maytas Infra, a company promoted by the kin of disgraced Satyam founder B Ramalinga Raju, informed the Bombay Stock Exchange.

The Board also reviewed the status of Corporate Debt Restructuring (CDR) of the company. However, the company did not provide any detail in this regard. Earlier there were reports that the lenders had raised concerns and advised that the company be referred to the CDR board.

Besides, the Board also reviewed the company's operations of construction business and plan for the financial year 2009-10, Maytas Infra said. Earlier this month, the government had named former ICAI president Ved Jain and noted tax lawyer OP Vaish as new board members of Maytas Infra.

Shares of Maytas Infra on Thursday surged nearly 4 per cent to close at Rs 34.05 on BSE.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2025 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting