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Board of NCL Industries approves change in directorate

Capital Market 

At meeting held on 27 September 2019

The Board of NCL Industries at its meeting held on 27 September 2019 has transacted the following -

Approved the appointment of Roopa Bhupatiraju as Executive Director of the Company with effect from 1 October,2019.

Accepted resignation of Subba Raju as Executive Director w.e.f 1 October, 2019 in view of his proposed appointment as Joint Managing Director of another group company. He will however continue as Non Executive Director on the Board.

The Board accepted the resignation of K.Madhu as Director w.e.f 27 September, 2019 as a measure to balance the Promoter & Non Promoter Directors.

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

First Published: Fri, September 27 2019. 17:24 IST