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Board of Sumeet Industries approves change in directorate

Capital Market 

At meeting held on 18 April 2017

announced that the Board of Directors at its meeting held on 18 April 2017 has considered and approved inter-alia the following:

1. Shankarlal Somani will now designated as Non-Executive Chairman of the company w.e.f. 01 April 2017.

2. Sumeet Kumar Somani, Executive Director of the company will act as Managing Director of the Company w.e.f. 01 April 2017 subject to approval of the Shareholders.

3. Abhishek Gupta, Chartered Accountant has appointed as CFO of the company.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, April 18 2017. 19:28 IST