Bombay Dyeing reappoints Jehangir Wadia as Managing Director

Textiles firm Bombay Dyeing has reappointed Jehangir N Wadia as the Managing Director for the next five years, with effect from today.
The Board of Directors in a meeting held on March 31, 2016, approved Wadia's reappointment, Bombay Dyeing said in a statement.
However, Wadia's appointment would be "subject to approval by the shareholders," it added.