JAMMU, MARCH 09: Er. Nazir Ahmad Yatoo, Vice Chairman J&K Cements Ltd. called on Governor N.N. Vohra at the Raj Bhavan.
Er. Yatoo briefed Governor about the initiatives taken for making J&K Cements a profitable enterprise and highlighted the need to get budgetary support, exemption from civil accounting and requirement of Rs. 36.2 crore for meeting the liability of paying the salaries of migrant employees. He informed that air pollution prevailing in the Khrew area has been reduced by almost 90 % and that the very long pending AGM of the J&K Cements Ltd. has been conducted recently.
Governor advised Yatoo to ensure that the accounts of the Company are audited every year and as per mandatory provision, AGM is held every year within the prescribed timelines. Governor observed that the Company must also take the required steps to enhance its productivity to meet the growing cement requirements of J&K while maintaining quality of its products and also fulfill its social responsibility mandate in a fully transparent and accountable manner.
