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| Exchange Disseminated Time | | Stovec Industries Ltd has informed BSE that the current tenure of Mr. Shailesh Wani as a Managing Director of the Company would be expiring on September 30, 2016. Based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors in its meeting held on February 16, 2016, have re-appointed Mr. Shailesh Wani as a Managing Director of the Company for a period of 3 (three) years with effect from October 01, 2016, subject to the approval of Members in the forthcoming Annual General Meeting of the Company. |
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