Max Ventures provides update on subsidiary - Max Speciality Films

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Capital Market
Last Updated : Nov 18 2016 | 10:01 AM IST

Max Speciality Films CEO resigns

Max Ventures and Industries announced that Jaideep Wadhwa, Chief Executive Officer of Max Speciality Films (MSF), which is a subsidiary of the Company, vide an email dated 15 November 2016 has submitted his resignation from the services of the Company, to pursue other career interests. The Board of Directors of MSF has put in place an interim governance structure, inter-alia, by constituting a Management Committee consisting Senior Executive of MSF and the Company, for smooth transition and day-to-day affairs of MSF to achieve its business objective.

Max Ventures and Industries presently hold 99% equity share capital of MSF.

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First Published: Nov 18 2016 | 9:39 AM IST

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