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Exchange Disseminated Time | Walchandnagar Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 13, 2012, inter alia, have decided the following:
1. Approved the appointment of G. K. PiIlai, Chief Operating Officer as Additional Director u/s. 260 of the Companies Act, 1956 and further re-designation as Managing Director & Chief Executive Officer for a period of 5 years w.e.f. November 25, 2012, on expiry of terms of appointment or Mr. J. L. Deshmukh, Managing Director & Chief Executive Officer of the Company.
2. Approved the re-appointment of Mr. Chirag C. Doshi, Managing Director of the Company for a period of 5 years w.e.f. November 25, 2012. |
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