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Exchange Disseminated Time 25/10/2016 16:12:02 | Automotive Stampings and Assemblies Ltd has informed BSE about the following :
"As informed by Tata Sons Limited, our ultimate holding Company, vide letter dated October 24, 2016, we would like to inform that at their board meeting held on October 24, 2016 Mr. Cyrus P Mistry has been replaced as the Chairman of Tata Sons Limited with immediate effect.
Mr. Ratan Tata shall be the Interim Chairman of Tata Sons Limited until the new Chairman is appointed in accordance with the procedure prescribed in the Companies Act, 2013 and the Articles of Association of Tata Sons Limited". |
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