Ludlow Jute & Specialities has informed that the Board of Directors of the Company at its meeting held on July 01, 2014, has appointed Shri A. K. Todi (Ajay Kumar Todi) as Managing Director of the Company for a period of 5 years with effect from July 01, 2014, under section 196, 197 and other applicable provisions of the Companies Act, 2013, read with Schedule V of the said Act. This appointment is subject to the approval of the shareholders of the Company in the ensuing Annual General Meeting of the Company.
The above information is a part of company’s filings submitted to BSE.