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| Exchange Received Time 08/06/2018 20:28:50 Exchange Disseminated Time 08/06/2018 20:28:55 Time Taken 00:00:05 | Please take note that the Board of Directors of Shoppers Stop Ltd; (the Company), at its meeting held today i.e. June 8, 2018, has, inter-alia, approved / noted resignation of Mr. Govind Shrikhande, Managing Director of the Company.
Mr. Govind Shrikhande, has tendered his resignation as a Managing Director of the Co., effective from close of business hours of June 30, 2018. He has stepped down to pursue other interest, his personal commitments and other engagements.
The Board of Directors places on record their deep appreciation for the contributions made by Mr. Shrikhande during his association of more than 17 years, during which, the Co. has grown from 7 stores in the year 2001 to 97 stores (including 13 HomeStop stores) till date. Mr. Shrikhande had joined the Company as VP: Buying & Merchandising in the year 2001 & subsequently he was positioned from Chief Operating Officer to CEO in the year 2006 & thereafter from Whole time Director to Managing Director in the year 2010. |
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