Outcome of Board Meeting (Consolidation of shares)
Resurgere Mines & Minerals India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 10, 2012, inter alia, has decided the following:1. Considering losses in the Company and on request Mr. Subhash Sharma, Chairman & Managing Director & CEO of the Company, his salary is reduced by Rs. 1,00,000 per month effective from October 2011 and perquisites reduced by Rs. 2,25,000/- per month with effect from...