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| Exchange Disseminated Time 18/07/2016 17:39:59 | Exide Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 18, 2016, inter alia, has taken the following decisions:
1. Noted the resignation of Mr. Rajesh G. Kapadia, Chairman & Non Executive Independent Director w.e.f. July 15, 2016.
2. Appointed Mr. Bharat Dhirajlal Shah, Non-Executive Independent Director as Chairman of the Company w.e.f. July 18, 2016.
The Board of Directors is of the opinion that the Company will immensely benefit under his Chairmanship.
The Meeting commenced at 2.30 pm and concluded at 5.10 pm. |
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