Feb 11 (Reuters) - JSW SA JSW.WA:
DUE TO THE DIFFICULT FINANCIAL SITUATION OF JSW, THE MEMBERS OF THE MANAGEMENT BOARD WILL REQUEST A REDUCTION IN THEIR REMUNERATION SO THAT IT IS ADJUSTED TO THE COMPANY'S CURRENT FINANCIAL SITUATION
THE DECISION WAS MADE UNANIMOUSLY BY ALL MEMBERS OF THE MANAGEMENT BOARD
MINISTRY OF STATE ASSETS, AS THE MAJORITY SHAREHOLDER, WILL REQUEST THAT A GENERAL MEETING BE CONVENED TO ADOPT A RESOLUTION ON REDUCING THE REMUNERATION OF THE SUPERVISORY BOARD MEMBERS
Source text: https://shorturl.at/1t8pO
Further company coverage: JSW.WA
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))