Green Squares is incorporated as a public limited company and its capital is raised through issue of share certificates to investors. As the first step, the company is proposing to issue 400 shares worth Rs. One Lakh each, thus collecting an amount of Rs. 4 Crores.

The company will have a Director Board comprising of 6 Executive Directors, including the Chairman, Managing Director and 4 Directors chosen from the investors. The Director Board will convene meetings every month to guide the operations of the company and to take policy decisions. The investors can take part in the Annual' General Meeting (AGM) and in the formulation of various policies. A detailed financial report, verified and countersigned by government auditing departments will be handed over to the investors prior to the AGM. It will also include reports on dividends they are entitled to get.

There will be a panel of advisors and a panel of consultants to help the Director Board in taking decisions and policies. The head quarters of Green Squares will be based in Tirur and will soon have its own premises as its operational office.


 

 

 

 

 

 

 

 


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