Reliance Infrastructure takes over management contral of Pipavav Defence & Offshore Engineering Company

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Capital Market
Last Updated : Jan 18 2016 | 8:33 PM IST

Anil D Ambani appointed as Chairman of Reliance Defence and Engineering

Reliance Infrastructure announced that it has taken over the management and control of Pipavav Defence & Offshore Engineering Company and holds 36.5% of the equity capital of Pipavav Defence & Offshore Engineering Co. Anil D Ambani has taken over as Chairman of PDOC. RInfra along with defence SPVs are the new Promoters of PDOC and the Company will be renamed as Reliance Defence and Engineering. Vice Admiral (Retd.) H S Malhi has been appointed as the Whole-time Director and Chief Executive Officer of the Company. PDOC has also appointed eminent professionals including distinguished personnel from defence sector, Air Chief Marshal (Retd) Fali Homi Major and LT Gen ( Retd) Syed Ata Hasnain as Independent Directors.

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First Published: Jan 18 2016 | 7:20 PM IST

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